A high discount rate, a discount rate of 7, ... would mean that we are valuing the prosperity ... at zero.
James Lankford: “A high discount rate, a discount rate of 7, ... would mean that we are valuing the prosperity ... at zero.”
On the recordJuly 17, 2013
Source
congress.govEditor's note · Context
Lankford discusses the implications of high discount rates on future prosperity.
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