3 ms·
We needed to develop long-term value instruments to incentivize long-term planning. Bonds are necessary for large public projects, for instance. There are many
by Schiendelman 4mo ago
We needed to develop long-term value instruments to incentivize long-term planning. Bonds are necessary for large public projects, for instance. There are many complexities in deriving instruments from that basic concept. What makes you think a particular one shouldn't be acceptable and why?