Abstract

Today we study finance instead of economics and the Nobel Prize that the Swedish Academy invented for the latter in 1969, funded by its national bank, laid out the red carpet to replace economicswith finance that is instead a derivative thereof. We have eradicated the principle of long term economicsand 500 years of accountancy with short-time liquidity. Rational finance and caput mundi money was created with absent and even illegitimatelogical and scientific foundations. We here attemptto reconstruct the process underlying this global deception.

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