Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI: Only daily parallel rate indexing can do the trick in a hyperinflationary economy

Showing posts with label Only daily parallel rate indexing can do the trick in a hyperinflationary economy. Show all posts

Showing posts with label Only daily parallel rate indexing can do the trick in a hyperinflationary economy. Show all posts

Thursday 2 September 2010

Only daily parallel rate indexing can do the trick in a hyperinflationary economy

Hyperinflation is defined as an exceptional circumstance by the IASB. All non-monetary items – variable and constant items - are required to...