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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SAICA fraternizing with the enemy
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Showing posts with label
SAICA fraternizing with the enemy
.
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Tuesday 1 September 2009
Fraternizing with the enemy
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Whereas inflation is SA´s public enemy No 1, SA accountant’s stable measuring unit assumption is public enemy No 2. SA accountants proudly...
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