5 Keys to a Successful Financial System?

Posted Friday, October 05, 2007 2:05 AM by csullivan

This just stated in my Econ 324 class, American Economic and Business History: These are the necessary components of a "good" financial system.

  1. Stable public finance and debt managements
  2. Stable money supply
  3. functioning banking system
  4. effective central bank
  5. Active securities market.
How, oh how, do we combat this hypocrisy. They counteract themselves!

Comments

# re: 5 Keys to a Successful Financial System?

Sunday, November 25, 2007 12:20 AM by Medisynergi

The finance system was doomed to fail, once the concept of debt was introduced.

The pending problem is constant, how to distribute resources at hand, in order to serve the common good.

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