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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SA accountants are clueless about price-level accounting during low inflation
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Showing posts with label
SA accountants are clueless about price-level accounting during low inflation
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Monday 10 August 2009
SA accountants are clueless about price-level accounting during low inflation
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As a result of this lack of appreciating the destructive nature of their implementation of the very destructive stable measuring unit assump...
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