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 does not prevail for balance sheet constant items during low inflation
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Showing posts with label
Price-level accounting does not prevail for balance sheet constant items during low inflation
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Saturday 26 February 2011
Price-level accounting does not prevail for balance sheet constant items during low inflation
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Price-level accounting as Harvey Kapnick hoped for in 1976 clearly does not prevail for balance sheet constant real value non-monetary items...
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