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 may be to blame
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Showing posts with label
The IASB may be to blame
.
Show all posts
Tuesday 9 March 2010
The IASB may be to blame
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The IASB may be to blame since 1989 for financial capital maintenance in nominal monetary units which is a complete fallacy during inflation...
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