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

Measurement during low inflation Monetary items are normally not inflation–adjusted daily under HCA during low inflation although C...

Valuing monetary items Measurement is determining the particular basis on which monetary items are to be valued and accounted on a d...

Functions of money Money performs the following three functions: 1         Unstable medium of exchange 2         Unstable ...

  Consumer Price Index ‘The consumer price index was first used in 1707. In 1925 it became institutionalized when the Second Inter...

CIPPA removes the entire cost of erosion from the economy Inflation–adjusting all monetary items (all money and all monetary item...

Inflation accounting Financial capital maintenance in units of constant purchasing power as authorized in the original Framework (19...

Money versus real value In practice, money has a specific real value for one day at a time in an internal economy or monetary unio...

The second enemy There are two processes of systemic real value erosion in the economy although almost everybody thinks there is o...