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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The IASB and FASB still get this wrong - but not street vendors.
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Showing posts with label
The IASB and FASB still get this wrong - but not street vendors.
.
Show all posts
Tuesday 8 December 2009
The IASB and FASB still get this wrong - but not street vendors.
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Money cannot be declared by statute or by institutional definition to be a non-monetary item. Money is either money or it is not money. To b...
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