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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financial capital maintenance in nominal monetary units
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Showing posts with label
financial capital maintenance in nominal monetary units
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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...
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