>
VoyForums
[ Show ]
Support VoyForums
[ Shrink ]
VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

[ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: [1] ]

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Date Posted: 19:47:33 03/20/05 Sun
Author: bill
Subject: Re: Ok, who has some education in economics?
In reply to: bboop 's message, "Ok, who has some education in economics?" on 13:27:45 03/19/05 Sat

Well, the first rule of economics would tell you that in a fair and efficient marketplace the current price of the dinar would already reflect any future expectations and uncertainties.

However, the situation is obviously not a fair marketplace but is a non-market driven, artificially manipulated environment in which powerful players have a vested interest in directly manipulating the market to their own political and economic gain. At best, its a completely blind gamble and economics don't apply.

I can tell you that there have been a lot of people who've gotten rich taking $$ from others they've convinced they can make a fortune buying and selling third world currencies.

Personally I'd ask myself, "could I flush this money down the toilet without missing a penny of it?"

[ Next Thread | Previous Thread | Next Message | Previous Message ]

[ Contact Forum Admin ]

Forum timezone: GMT-5
VF Version: 3.00b, ConfDB:
Before posting please read our privacy policy.
VoyForums(tm) is a Free Service from Voyager Info-Systems.
Copyright © 1998-2019 Voyager Info-Systems. All Rights Reserved.