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´s second enemy camouflaged by IFRS approval
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Showing posts with label
SA´s second enemy camouflaged by IFRS approval
.
Show all posts
Monday 21 December 2009
SA´s second enemy camouflaged by IFRS approval
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It was stated that inflation destroys the value of non-monetary items which do not maintain their real values. I agreed at the time but late...
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