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 Market Monkey and the Real Value Accountant
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Showing posts with label
The Market Monkey and the Real Value Accountant
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Show all posts
Saturday, 1 August 2009
The Market Monkey and the Real Value Accountant
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Market Monkey said: Sorry NS but I'm kinda in the other camp. I don't believe historic cost accounting destroys any real world value...
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