Is LIBOR, Crucial Financial Benchmark, a Lie?

really everything in the economy is made up or intangible or what have you. confidence in its perpetuation is what pushes the economy ever forward. read goebbles' quote again that was posted the other day. this story will have a hard time finding traction, the ethics of this are debatable - watch people starve as the global economy has to reset to a more medieval system or continue the lie.

"financial benchmarks" measure people gambling on the future with fake money