• adultswim_antifa [he/him]@hexbear.net
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    3 months ago

    Finance explains why bonds that pay $100 per year for 10 years with a principal of $1000 might be worth $1386, or how a cereal company can purchase grains 6 months from now for a specific price today and what that price is, or why options to sell Nvidia stock for $200 in 6 months might be worth $22.75, or how a business can raise money or how you should manage your savings. Basically, it covers borrowing and lending money to support future activities and generally there are equations to calculate prices. Everybody wants to get rich quick and easy so fraud is easy under the guise of giving financial advice.

    Economics is supply and demand, why inflation, class relations. The main fraud here is bourgeoisie tricking the proletariat into thinking everyone has equal rights, class doesn’t exist, and that they will probably be rich some day. Neither fraud should be allowed.