|
|
|
|
|
by acd
4602 days ago
|
|
It is a social science with assumptions on how things works.
A lot of economic theories are just that assumptions, assumptions on how the market works. If you have the time watch Professor Steve Keens one of the economists who predicted the 2008 subprime bubble criticize
main stream economics. Especially the Federal reserve system which is privately owned by the biggest banks. Read on Edward Griffins google the creature from Jekyll island. In that information you will find that the FED was created by a among others senator Aldrich who's daughter was married to one of the banks who created the FED. Thus private banks create debt out of thin air more now so than ever they are backed up by central banks. In the European central bank, the head of the bank comes from Goldman Sachs. There is a documentary called 97% owned which states 97% of all money in circulation are now debt just 3% is cash. Ever wonder how the rich gets richer? |
|