Economics and Finance: A Web of Lies

cartoon image - honesty and business


ECO 101 - Any introductory course to economics describes the theory of supply and demand; the market system; the concept of inflation, deflation, stagnation; monetary policy and central banks; and more. 

FIN 301 - Finance, at the intermediate to advance level in the pursuit of any business degree, will have you learn the concept of the time value of money (TVM). The principle behind the "time value of money" is simply "a dollar today is worth more than a dollar tomorrow".  However, the definition of the TVM becomes convoluted as follows:

Investopedia defines the TVM as the idea that money available at the present time is worth more than the same amount in the future due to its potential earning capacity. This core principle of finance holds that, provided money can earn interest, any amount of money is worth more the sooner it is received.



Try reconciling the basic principles of economics in which a fair and equal market determines a stabilized price (eliminates inflation, deflation) versus the principle of a deflating dollar - prices continue to rise reducing your dollars power. How the heck is this possible in a just and equitable market?

The answer to this is that central banks are privately owned. In the US, the privately owned central bank is known as the Federal Reserve. 

After the 2088 financial crash in which Ben Bernanke was the then Chair of the Federal Reserve, the following video shows the deception within which we, the people are to believe the banking system is NOT private.





The above video shows Florida representative Alan Grayson asking Bernanke the simple question of where did the missing money go

The bottom line is Bernanke's message, Chair of the United States Federal Reserve Central Bank, is that their goal is the raising of interest. For Mr. Alan Grayson's ability to draw out this valuable information from the then Chair of the Reserve, is it any wonder Mr. Grayson is drawing bad press?



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