Quote:
Originally Posted by Haech
Does anyone else think that discounting the future by interest rate is too dependent on the completeness of the market economy
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Yes, of course it is dependant on the completeness of the market economy. Most financial projects that are dependant on the future rely on the market. This is risky but apperantly vital for companies and projects to rely on the future of the market. There should be better ways but I do not know of any.
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Living in Providence, RI at Johnson & Whales University!
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