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What is it with people and money ?
Okay, I admit, that isn't a question.....
Money is a state of mind....it's a reality made up on the illusion that a society that is based on trade, based on the exchange of one currency for another is a rational society that can function under laws that govern the fair exchange practices of trading one thing for another.
Money is currency but currency is not money. Currency is a tradeable something.
Everybody need currency and to some degree everyone has some currency available to them. The ancients called currency, talents. Don't ask me to prove that.
Currencies, are traded on financial markets and people who work these markets are usually but not always intelligent.
Intelligence is not wisdom !!!!
Any idiot can be a trader and most traders are losers. Some traders are pure thieves who manipulate or collude with the intent of seeming victorious.
Not all traders are crooks.....I know one who isn't.........'-)
Many intelligent people have opinions about what the state of the financial world will be like in 2012. Not all intelligent people have wisdom.
Only 2013 will tell who had wisdom about the trade of world currencies and all derivatives that are tradeable with the underlying being a currency in the form of fiat, a good, a service, or something else.
Have you heard of Gerald Celente. This Video opens in a new window. Click image....
As Gerald Celente changed is mind about the faith of the economy ? In these long interview he speaks of the economy with Gary Null.
" The people who don't see it coming are telling us what is coming next ".
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Money and Money Markets
to 2012
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