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
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How should the US and other governments respond? »How should the US and other governments respond?
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Measures to prevent Financial Crisis recurring? »Measures to prevent Financial Crisis recurring?
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Prohibit wagers on upside or downside moves of prices »Prohibit wagers on upside or downside moves of prices
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Finance is extremely usefull
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Insurance principle »Insurance principle
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Price discovery function »Price discovery function
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