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Orania prints its own money-like coupons which can be used to purchase in its stores and maintains the last transitional representative council in South Africa, but receives no national funding. The town has pursued energy independence primarily through solar power , constructed its own sewage works , and has experimented with introducing its ...
What remains to be determined is the appropriate discount rate. Later developments show that, "rationally", i.e. in the formal sense, the appropriate discount rate here will (should) depend on the asset's riskiness relative to the overall market, as opposed to its owners' preferences; see below.