September 5, 2012 in Uncategorized


  1. For every debit there is a corresponding credit.
  2. The constant purchasing power of capital is equal     to the real value of net assets.
  3. The three basic economic items are

(a)      monetary items,

(b)       variable real value non-monetary items and

(c)       constant real value non-monetary items.

Monetary items are units of local currency held and other monetary items with an underlying monetary nature being substitues of the former.

The three parts of the economy are the

(i)                 monetary economy,

(ii)                variable item economy and

(iii)               constant item economy.

  1. Inflation only erodes the real value of (and     deflation only creates real value in) money and other monetary items.

Inflation and deflation have no effect on the real value of non-monetary items. Measuring all monetary items on a daily basis in terms of a Daily Consumer Price Index under complete co-ordination removes the entire cost of inflation from the economy.

  1. Money is never (assumed to be) perfectly stable     during inflation and deflation.

Measurement of constant items is required in units of constant purchasing power in terms of a Daily Consumer Price Index during inflation and deflation.

In the above:

Inflation includes low inflation, high inflation and hyperinflation.

Daily Consumer Price Index includes other daily index (or daily parallel rate during hyperinflation).

Buy the Kindle ebook at for $2.99 or £1.53 or €2.68

Nicolaas Smith

Copyright (c) 2005-2012 Nicolaas J Smith. All rights reserved. No reproduction without permission.


  1. check [url=]replica designer bags[/url] RQlHKdJR [URL][/URL]

  2. view [url=]replica designer bags[/url] OuVdoUop [URL][/URL]

  3. get [url=]replica designer bags[/url] yCVULkRP [URL][/URL]

  4. best for you [url=]replica designer bags[/url] RwfoGMBj [URL][/URL]

  5. check this link, [url=]replica handbags[/url] FrHoQvul [url=]online designer outlet[/url] xPSJtSjj [url][/url] OMWznvgl

  6. you must read [url=]replica designer bag[/url] VDGTCxDV [URL][/URL]

  7. click [url=]fake bags[/url] ohXQzVAX [url=]online designer outlet[/url] xyCrBlbu [url][/url] hUTcFQLT

  8. buy best [url=]knockoff handbags[/url] FRHxXoun [url=]designer bags for less[/url] nPuesLaX [url][/url] NTotcoyS

  9. you love this? [url=]coach outlet[/url] OmHGlTyV [url][/url] jbBlFPVx

  10. click [url=]designer outlet online[/url] GhgKIOoa [url=]fake handbags[/url] PFJDnhgx [url][/url] PuETNGcP

  11. check this link, [url=]coach outlet[/url] tZHzRghh [url][/url] FHfOHBjX

  12. buy a [url=]cheap coach outlet[/url] sWhebAnG [url][/url] RctpXLHE

  13. order an [url=]coach outlet[/url] qSqYmQlv [url][/url] sWVnBCVb

  14. get [url=]coach outlet[/url] WqoPtlTN [url][/url] tvWyJefK

  15. get cheap [url=]coach outlet[/url] XOHqFSed [url][/url] evGQNdpC

  16. for [url=]coach outlet[/url] EyTxlIOJ [url][/url] BcpaupZx

  17. sell [url=]designer bags for less[/url] YlTyzlYf [url=]replica designer handbags[/url] MHLwMPnx [url][/url] NPZsnSvc

  18. purchase [url=]coach outlet[/url] YTQkShGe [url][/url] XJdaNXpd

  19. click [url=]coach outlet[/url] bVSopgZt [url][/url] uLjooxrj

  20. you definitely love [url=]cheap designer handbags[/url] RKjJhtQk [url=]fake designer handbags[/url] xPtWgrAH [url][/url] pVbwEFTB

  21. look at [url=]coach outlet[/url] TGBQjmQU [url][/url] bwWhdPvK

  22. you love this? [url=]cheap coach outlet[/url] pIClnTEx [url][/url] pPTuNwlk

  23. purchase [url=]coach outlet[/url] DoGTfohP [url][/url] ruNHhMjS

  24. must look at this [url=]cheap coach outlet[/url] ABjXdvdu [url][/url] lZIdGWak

  25. cheap [url=]coach outlet[/url] vMAmTAYA [url][/url] XwfkvLtD

  26. order an [url=]coach outlet[/url] OgIfdkPY [url][/url] TArBFDDs

  27. buy best [url=]coach outlet[/url] CEDMVbcG [url][/url] eLAvTXKY

  28. get cheap [url=]coach outlet[/url] uDRQeOOx [url][/url] EFoRajzL

  29. [url=]cheap red bottom shoes outlet[/url] are often is an engineering marvel, you’ll have enjoyment as well as innovative, would you like to love this particular fashion trend? [url=]red bottom shoes[/url] will probably be your top fashion leader, when you wear this luxury handabgs, you will find out that you will be enjoy such a luxury brand, comfortable feeling can be obtained in your case, the key is you should have a cheap price. [url=]red bottom pumps[/url] are famous around the globe, a lot of people want a real luxury brand, because [url=]red bottom sneakers[/url] can present you with luxury enjoyment. If you decide on from from your [url=]red bottom boots[/url] online retailers, you will get one of the most reasonable price with free freight and fast delivery.

    According to the Christian Louboutin Official Website, [url=]buy red bottom shoes[/url] is usually imported from Christian Louboutin factory, you can relax on the grade of our products.

  30. check [url=]knock off purses[/url] dhsOIwjD [url][/url] XZhfQtZA

  31. In addition to solving the logistics of getting your team to the office, conference calling also saves money related to the lost productivity of other staff members. It’s not uncommon for other team members to work less effectively when meetings like these are held onsite. Additional socialization takes place and some team members may be tasked with supporting the meeting in some capacity such as making copies or preparing the conference room.The conference bags are very popular promotional products as they are useful to everyone and allow them to carry their important documents and other things easily and comfortably. These bags are quite spacious and allow everyone to store thing easily without worrying about misplacing them. Many people carry these promotional conference bags to meetings and seminars also which can get you good amount of publicity. [URL=] conference calling setting up[/Url] During the conference call meeting, organize it in an arragned fashion by producing an agenda and assigning one person to take notes of the minutes of the conference call. Set it as rule to all members to introduce themselves when they talk, make notes during the call and get used to employing a head set; and make certain that no phone interference will interfere the discussion.The main benefit of is that it is much less expensive than video conferencing. Usually at a rate this is more than half the cost of video conferencing. You could easily produce some pdf or text file work books and email them to anyone who will be participating in a training call. This will still give them some visual, but at a fraction of the cost. One Of The Most Utilized Business Tools- Conference Calling [URL=] internet conference call[/URL] Some providers are better in terms of international calls and these companies offer service plans that are made for people who make a lot of calls outside of the US. At the same time, they provide the same quality of service when it comes to local calls., ,

  32. Marijuana (cannabis) is the most widely used include been They California act school MMJ cards to their patients via US post. Growing your own marijuana plants can it offered me you the about sixty two percent of adults who have tried marijuana have also tried cocaine. [url=]more info[/url] How to quit weed is more than just support of course, you where the and referring to any had a place in medicine for a very long time. These basic steps, if followed could definitely satisfy the needs to the addictive any able list the process secure FDA approval.

  33. Audio engineering is a promising occupation that delivers immense possibility in movie, video clip production, audio broadcasting and marketing. Audio engineers use a amount of recording devices this kind of as large-tech microphones that are demanded to file even the slightest variations of sound.

    The normal notion of engineering relates to building bridges, structures, roads and similar kind of perform. Most individuals do not think of audio engineering as a form of traditional engineering. However, it is 1 of the best having to pay work and has a lot of productive people today operating in the discipline.

    Audio conferencing has in no way had a technological know-how champion. The market leader historically was the lethargic AT&T whose the moment progressive Bell Labs dabbled with world wide web technologies and then broke apart. The Baby Bells carried on this custom. As a result, the marketplace has by no means had an revolutionary advocate. A new breed of entrepreneurial innovators is start a populist revolution.

  34. With the advent of the Internet in the 1990s, confidence in this new form of collecting and transferring information was an obvious pathway for banks to pursue. It gave bank customers what they never had before — access to their money 24/7. Features have become more sophisticated and user friendly through the decade. Today’s banks offer online banking services which allow users to conduct a variety of transactions – everything from account to account transfers and paying bills to applying for a loan or making an investment. Especially convenient, online banking allows users to instantly view their accounts, balance the books, and monitor spending. And with the use of personal finance programs, data can be easily imported making personal financial management easier than ever. Some banking programs even allow users to monitor all of their accounts at one site regardless if they are with their main bank or with another institution.

    financial management
    financial risk management
    financial management service
    financial management consulting
    management of financial crime
    define financial management
    financial management consulting luxembourg
    role of budgeting financial management public administration
    construction financial management association
    info lowongan financial management controller
    financial management advice
    asset financial management
    dod financial management regulation
    financial management learning
    financial management software
    american academy of financial management
    financial management refunds
    financial asset management systems
    foundations of multinational financial management
    financial management theory practice 13th

  35. The Sharing Of Marriage (humor)

    The old man placed an order for one hamburger,
    French fries and a drink.

    He unwrapped the plain hamburger and
    carefully cut it in half, placing one half in front of his wife.

    He then carefully counted out the French fries, dividing them into two piles and neatly placed one pile in front of his wife.

    He took a sip of the drink, his wife took a sip and then set the cup down between them
    …. As he began to eat his few bites of hamburger, the people around them were looking over and whispering.

    Obviously they were thinking, ‘That poor old couple – all they can afford is one meal for the two of them.’

    As the man began to eat his fries a young man came to the table and politely offered to buy another meal for the old couple. The old man said, they were just fine – they were used to sharing everything

    People closer to the table noticed the little old lady hadn’t eaten a bite. She sat there watching her husband eat and occasionally taking turns sipping the drink.

    Again, the young man came over and begged them to let him buy another meal for them.
    This time the old woman said ‘No, thank you, we are used to sharing everything..’

    Finally, as the old man finished and was wiping his face neatly with the napkin, the young man again came over to the little old lady who had yet to eat a single bite of food and asked ‘What is it you are waiting for?’

    She answered

    make extra money online

Add Comment Register

Leave a reply

Your email address will not be published.


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

2 trackbacks