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 suckers for the stable measuring unit assumption
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Showing posts with label
SA accountants are suckers for the stable measuring unit assumption
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Monday 23 November 2009
SA accountants are suckers for the stable measuring unit assumption
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SA accountants unknowingly destroy the real value of existing reported constant items never maintained during low inflation when they implem...
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