Finance is extremely usefull

It provides the bloodstream of the economy. It has 2 functions which are essential: Price Discovery and Insurance principle.

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The Global Financial Crisis
How should the US and other governments respond?
Measures to prevent Financial Crisis recurring?
Prohibit wagers on upside or downside moves of prices
Finance is extremely usefull
Insurance principle
Price discovery function
External speculation is useless and dangerous.
It's impossible to implement
Too much money would go back into the economy, leading to inflation.
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