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image created with placeIt by breezi and AMPERGRAM

image created with placeIt by breezi and AMPERGRAM
image created with PlaceIt by Breezi and AMPERGRAM

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вторник, 12 октября 2010 г.

"Reliable general inflation index" & "Google Price Index"

IFRS Foundation recently issued its draft amendments to IFRS1 after joint work with the  FASB (US GAAP) where introduce the term "a reliable general inflation index". In emerging market governments may manipulate with the calculations of general inflation index and are trying to mislead  a society. If Google will publish its calculations the general price index (so-called Google Price Index), people will have access to an alternative point of view on official statistics  worldwide.

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