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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Wednesday 22 September 2010
Fundamental flaws in IFRS and US GAAP
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The stable measuring unit assumption’s rejection during hyperinflation has already been authorized in IAS 29 in 1989 and its rejection duri...
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