Inflation has further pernicious consequences: It distorts business calculation and accountability, as the profit and loss statement of an enterprise does not reflect reality any more.
Mostrando entradas con la etiqueta inflation and profits. Mostrar todas las entradas
Mostrando entradas con la etiqueta inflation and profits. Mostrar todas las entradas
Inflation has further pernicious consequences: It distorts business calculation and accountability, as the profit and loss statement of an enterprise does not reflect reality any more.
Publicado por
Alejandro Zamorano Escriche
en
5:00
Etiquetas:
Austrian School of Economics and Monetary Theory,
business cycle,
economic effects of inflation,
effects of inflation,
inflation,
inflation and profits,
inflation tax,
inflationary process
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