Ignoring the Economics for the Finance is Dangerous
Everyone wants to be financially independent and strong. And, there is no sin in this. Nowadays, the status of the people is measured by the scale of money. The more money you have, the bigger person you are. Some people do have a great sense of finance, they know how to play and make money in the market. They know how to do illegal things legally. They may be good in finance and can flaunt their money, but at the same time, not necessary; they would be good at economics. Hoarding of finance by ignoring economics can give you temporary flaunt and pleasure, but in the long run, you pay the price of ignoring the economics. How finance and economics differs? The economics provides the rules, regulations, policies, vision. It checks the fraudulent flow of the money. Economics does not work for the individuals. It focuses on holistic progress. It is designed to provide the financial stability to the nation as a whole. A nation can be financially strong, but economicall...