Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI
A negative interest rate is impossible under CMUCPP in terms of the Daily CPI.
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Price-level accounting clearly does not prevail
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Showing posts with label
Price-level accounting clearly does not prevail
.
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Thursday 25 June 2009
Price-level accounting clearly does not prevail
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Price-level accounting clearly does not prevail for balance sheet constant items, as Harvey Kapnick hoped for in 1976, except during rare in...
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