Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI

Reserve Bank governor Tito Mboweni recently hiked interest rates, despite real concern over the impact this will have on sustainable economi...

Real Value Accounting is something completely different from the very old Historical Cost Debate. That debate was about the valuing of mainl...

All underlying value systems determine the value of the Rand. It is not so easy to fix all of them at the same time. Sometimes we do not eve...

A foreign currency is not money in South Africa since it is not the generally accepted national unit of account. Money has three functions: ...

SA can prevent the destruction of real value by non-monetary inflation in the real economy by banning the stable measuring unit assumption. ...

There are three distinct economic items in the economy: Buy the ebook for $2.99 or £1.53 or €2.68 1. Variable real value non-moneta...

Equilibrium for Zimbabwe will come about when Zimbabwe copies Brazil and implements a Zim non-monetary index unit or Zim Real Value Unit bas...

The expected month on month rise in CPIX in South Africa is 1.2% for March, 2008. A 2% month on month rise in inflation will lead to hyperin...

Make the destruction of the economy by high and hyperinflation impossible by banning SA accountants from assuming that money is PERFECTLY st...

What SA needs is an inflation upper limit of 2% like the Euro. The inflation target of 3 to 6% is one of the main culprits of the current pr...

The SARB regards its primary goal in the South African economic system as " the achievement and maintenance of price stability". P...

South Africa Year-on-year inflation February 2008: 9.8% Actual Historical Cost Paradigm : Assumes 0% inflation only for constant real value ...

The real economy is being destroyed in the following manner: Accountants value VARIABLE real value non-monetary items correctly in terms of ...

Monetary economy = everything that is actually money and monetary values. Monetary values are accounted monetary items, eg, bank balances, b...

The term constant real value non-monetary item is defined indirectly in IFRS. Buy the ebook for $2.99 or £1.53 or €2.68 South Africa...

Historical costs, eg. money, retained income, salaries, issued share capital and taxes NEVER updated in non-hyperinflationary economies (H...

He tried to kill off the inflation dragon with price freezes. It was useless. He had to bow down to the inflation monster as was predicted a...

2% Inflation is 98% stable value or 98% Real Value Accounting. However, it will still destroy 51% of the value of money and constant value...

Tito Mboweni asked the following question: “Is there a danger that we are killing the real economy?” Inflation always destroys real value ...

1. Money 2. Variable value items 3. Constant value items The first economies only consisted of people and variable value items. Trade was by...