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From: Michael Coburn on 16 Jul 2010 12:13 On Fri, 16 Jul 2010 16:16:46 +0200, Joubert wrote: >> Before the GFC happened. some eminent mathematicians I know were so >> much in awe and praise of the mathematical models underlying credit >> derivatives. "They are so complex, they surpass even general >> relativity. Hardly anyone knows how they work". > > Don't make fun of yourself with these ridiculous pop claims. He is correct. Any government function (and the monetary system is a government controlled function) that cannot be understood by the society is a means by which the society will be defrauded for the benefit of the few hucksters. -- "Senate rules don't trump the Constitution" -- http://GreaterVoice.org/60 |