Finance is extremely usefull
It provides the bloodstream of the economy. It has 2 functions which are essential: Price Discovery and Insurance principle.
Immediately related elementsHow this works
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The Global Financial Crisis »The Global Financial Crisis
How should the US and other governments respond? »How should the US and other governments respond?
Measures to prevent Financial Crisis recurring? »Measures to prevent Financial Crisis recurring?
Prohibit wagers on upside or downside moves of prices »Prohibit wagers on upside or downside moves of prices
Finance is extremely usefull
Insurance principle »Insurance principle
Price discovery function »Price discovery function
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