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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Showing posts with label
daily index
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Showing posts with label
daily index
.
Show all posts
Sunday 16 June 2013
IASB completely unaware of its social responsibility
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Countries like Belarus and Venezuela - both in hyperinflation - are not the best examples of modern democracies. The president of Belarus d...
Saturday 15 June 2013
IFRS are based on a fallacy
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Maintaining the constant purchasing power of capital in nominal monetary units is impossible during inflation (including during low inflati...
Thursday 13 June 2013
Constant purchasing power maintenance
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‘It is essential to the credibility of financial reporting to recognize that the recovery of the real cost of investment is not earnings — ...
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