I’m currently watching The Explainer rerun right now where Ricky Carandang’s explaining how speculating works on the worldwide market. I think a better local example on how speculation works is when people buy & sell US dollars. In a similar scenario, people with funds would buy US dollars from the Forex stores at the mall or from travelers or OFWs in the hopes of waiting for the
Tuesday, April 29, 2008
Substituted Speculation
Booked & posted by number cruncher at 11:43:00 PM
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