Constitutional Convention of 1787, policymakers recognized that monetary systems without a nominal anchor – that is, systems which relied on paper money not backed by gold or other commodities – were prone to large currency devaluations and high inflation.
Consequently, the “arrears adjustment” was paid in the 2010/11 financial year with the resultant percentage increase distortion;    payments for service as chairpersons and/or members of Board committees, and changes in the composition and chairpersons of the Board committees between the 2010 and 2011 financial years.