Global decentralized trading of international currencies
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This podcast will provide a comprehensive overview of the foreign exchange market, or forex. We will cover the basics of how the forex market operates, including its decentralized and interconnected nature, as well as the key players and factors that influence the prices of currencies. Whether you are a beginner or an experienced trader, this podcast will provide valuable insights and information on the exciting and dynamic world of forex trading. Tune in to learn more about the inner workings of the largest financial market in the world.
Turnover in global foreign exchange (FX) markets reached $7.5 trillion per day in April 2022 in a volatile market, the 2022 Triennial Survey shows. Vlad Sushko, senior economist at the BIS, discusses a shift towards less “visible” FX trading venues. Read more.
Let's talk money, honey! This one is for all the savers and spenders out there. Joining Jenny to talk all things finance is small business and financial professional Amanda Neely, who shares her take on bringing femininity into the conversation about money, recommendations for saving and investing, and profitability strategies for businesses. Check out the Grandma's Wealth Wisdom website! Mike Michalowicz - Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine JOIN The YOUR BEST BODY PRIVATE COMMUNITY and for the Password say "Jenny invited me"JOIN The YOUR BEST BODY PROGRAM If you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser and Castbox. STRONG Fitness Magazine Subscription Use discount code STRONGGIRLResourcesSTRONG Fitness MagazineSTRONG Fitness Magazine on IGTeam Strong GirlsCoach JVBFollow Jenny on social mediaInstagramFacebookYouTube
It took me 7 years to start to use this tool … and it has COMPLETELY changed my financial reality! My money keeps doubling and tripling and I'm not working any longer or harder. We get it when we get it! On January 1st 2022 of this year, I made the demand of ME and started to HONOR ME by paying myself FIRST! For every dollar that I receive (from anything!) I put away 10% of it for ME! I don't spend. I don't use it. I simply have it. Can you have money? Many of us can make money. Many of us can save money. However … many of us have a challenging time having money. I am so great at making money and saving it! However, I was not very good at having it. As soon as I saved money, I would spend it, get into debt and then pay it off. It was an endless cycle for years and years. It kept me entertained. I'm pretty good at it. No more!I made the demand of me. This podcast is all about how I made that demand. IN THIS EPISODE, I TALK ABOUT:Don't spend our Honor of Me money/investment.Question: “How can you have money?” You can have your Honor of Me money invested in gold, jewels, artwork that don't own you. The difference between spending and investing. If you loved this episode, it would mean the world to me if you SUBSCRIBED to the podcast on your favorite podcast app and give it a 5 star review. I would be forever grateful! Thank you!! ✅ RESOURCES:Text: CREATE to 323-524-9857 to apply for my Get Up Girl Gang community If you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser and Castbox. ✅ LET'S CONNECT:The Get Up GirlInstagramFacebookMonthly online fitness academy
An account of my experience trading in the foreign exchange market, focusing on the range of emotions and characters one encounters and where I will go from here. I totally forgot to add this to the podcast, but my friend Jayson was the person who introduced me to Forex. So I want to say thank you Jayson for bringing me a fantastic opportunity. My Instagram Investopedia Link Telegram audiobooks link --- Send in a voice message: https://anchor.fm/brandon-rouzan/message
We spoke on our last episode about the sharp sell-off witnessed in risk assets in late-April, which sent most higher risk currencies lower against the safe-havens, notably the US dollar. The US dollar index, which measures the currency against a weighted basket of its peers, rose to its strongest position in almost 20 years earlier in the week, as heightened global growth concerns triggered a ‘risk off' mode in markets. The dollar has also continued to be well supported by expectations for higher US interest rates. At its FOMC meeting last week, the Federal Reserve raised rates by 50 basis points, as expected, the largest such move in more than two decades. The communications from chair Powell were again hawkish. He called the US labour market ‘very, very strong', while once again saying that inflation remained ‘unacceptably high'.
There are different types of immigrants in the U.S. In this episode, the hosts discussed what they are and how Bel became a permanent resident. They also poked fun at each one by tackling different "Balikbayan" (Filipino immigrant) traits—which can either be annoying or inspiring to their families and friends. Have questions, comments, or concerns? We'd love to hear from you. Subscribe: Apple Podcasts | Google Podcasts | Spotify | Stitcher | Audible | Amazon Music | Goodpods | iHeartRADIO | If you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser and Castbox. Follow us on Social Media:Taralets Talk Podcast on IGTaralets Talk Podcast on Facebook Taralets Talk is sponsored by Disenyo.co LLC:DISCLAIMER: The opinions, beliefs, and viewpoints expressed by the hosts and guests on this podcast do not necessarily represent or reflect the official policy, opinions, beliefs, and viewpoints of Disenyo.co LLC and its employees.
On this episode of Important Miscellaneous Talks your host Glassford Crossfield and his guest African Prince talk about the biggest falloff of 2021, the Foreign Exchange Market. Forex just don't hit the same. I used to see posts by Forex traders everyday trying to inspire others and how much money they were making and how they were on the path to working for themselves and millionhood. Nowadays you'd be hard pressed to find any Forex posts. If you'd like to see the funny exchange of the podcast on YouTube, the link is below. Follow the Host: Personal Instagram: https://instagram.com/real_l.a._glass... Podcast Instagram: https://instagram.com/miscellaneous_p... Personal TikTok: https://vm.tiktok.com/ZMJx77o6T/ Podcast YouTube Channel: https://www.youtube.com/channel/UCETs... Blogs on similar topics: https://link.medium.com/wpL2YRffwbb Personal Twitter: https://twitter.com/glassford41 Follow African Prince: Personal Instagram: https://instagram.com/african_prince_... Personal Snapchat: https://www.snapchat.com/add/africanp... Personal Podcast: https://anchor.fm/prince-kahilu --- Support this podcast: https://anchor.fm/glassford-crossfield/support
Hello Culture Keepers! This is Deborah Axé back with week 6 of You Are a Culture Keeper Podcast! We are fighting gentrification worldwide by supporting Culture Keepers. Join the party at https://my.captivate.fm/youareaculturekeeper.com (youareaculturekeeper.com) for events, parties, & membership so that you can meet other visionary entrepreneurs & free thinkers in our global community who are decolonizing their thinking & supporting people like you. Share your goals & dreams & find your team to help build your legacy project! We get to unpack Identity in all forms today with our very special guest. Da'john Dewitt is a signed model and enjoys fashion as a format to express androgyny. Da'john is also a singer, songcrafter of conscious dance music. Educated in law & the Foreign Exchange Market & how it relates to energy. Former permaculture teacher, & vegan chef who was picked up by Door Dash. With a focus on spirit & sovereignty they founded the Sovereign Hearts School in Sacramento, Ca. We really unpack identity today: financial, spiritual, heritage, gender… We Start with changing our $ mindset, Jen Sincero's book You Are A Badass At Making Money. The power of our words to raise our Abundance. Root chakra's relation to the early messages we receive around abundance as inspired by author, Carolyn Myss, of the book, The Anatomy of the Spirit. We go deep today! (I know I say that every week, but it's true!) I officially healed from covid & I share my joy for this life. As well as what I learned about the soul's journey during a week long backpacking trip after my mom passed. Da'John shares the nerve wracking juggling act that they did the day they received their modeling contract! There's so much territory we cover today! Definitely stay tuned for the part about unpacking identity & how labelling ourselves & our own communities with terms like "Black or White" limits our ability to learn more about our bloodlines. Like my heritage that includes Druids & Celtic Indigenous healers. What's your family immigration story? Oh & there's the part about how cultures around the world revere multi-gendered individuals as shamans & medicine people. So much goodness! Want to stay connected with Da'john Dewitt? Instagram: @etharqing Instagram Blog: @Ethersvegan Website: ethersvegan.com School in Sacramento: Sovereign Hearts Look for Da'John's Modeling Academy in the future as well. #youareaculturekeeper #Finance #MoneyMindset #JenSincero #YouAreABadAss #YouAreABadAssAtMakingMoney #$ #VeganCooking #VeganRecipes #VeganChef #BlackModel #GenderFluidModel #AndrogynousModel #TransModel #FashionReform #GenderFluid #Accessibility #Identity #BlackIdentity #WhiteIdentity #GenderFluidFashion #GenderBender #Druid #Celtic #CarolynMyss #Abundance #ImmigrationStory #Sovereign #Sovereignty #Permaculture #AllyPlants #Monocrop #BlackHistory #BlackHistoryMonth #BlackEntrepreneur #BlackBusinessOwner Special thanks to our sound engineer who helped me get this episode out despite playing catch up after weeks of Covid recovery! So grateful to you & this life! We call him Flip Phone Paul, 'cause who has hotmail anymore? Paul Lamb NoodlePaul12@hotmail.com At Rue Henry Studio
Every year I have a tradition of choosing my START, STOP, FACE and EMBRACE for the next year. In this episode, I share my new START, STOP, FACE and EMBRACE for 2022:START: Paying myself first! STOP: Unconscious tv watching and couch sitting. FACE: My money! EMBRACE: Budgets & PNLS If you're interested in creating your life AND generating REAL change and potency in 2022, I invite you to join my CREATE YOUR LIFE “Annual Planning Workshop” in January 2022. Text: CREATE to 323-524-9857 to learn about our future dates. IN THIS EPISODE, I TALK ABOUT:What is START? What is STOP? What is FACE? What is Embrace? How choosing these four tools can help you generate your annual plan. The importance of each tool and what it is. RESOURCES:Text: CREATE to 323-524-9857 to apply for my Get Up Girl Gang community If you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser and Castbox. Let's Connect:The Get Up GirlInstagramFacebookMonthly online fitness academy
Let's talk more about MONEY baby!I know it can be scary to talk about money and even think about it. But what if you gave money more love and attention. And what if your relationship with money is healthy and communicative.Make LOVE to your money and find out how much more you can create this year just by not turning your back on YOUR reality of money! In this episode you will learn about 3 Things That Can Change Your FINANCIAL Reality in 2022:Start your emergency fund.Protection is so important! Begin to start thinking about retirement. ABOUT KATIE BATRES:Katie started off as a dancer, she got the opportunity to perform in many places including around the world! She has choreographed for up and coming artists (mostly for people in other countries). Katie then began to model and had the chance to work with countless companies Including big ones like SHEIN and FASHION NOVA as well as for many artists' music videos. Katie now also became a booking manager so she can cast for roles she may not fit. She owns her own fitness program and began hosting an IG TV show called “#CatchinVibes” this year. She now does finances to help people in a supportive way to create the best future for themselves. RESOURCES:ACORNS APPQAPITAL APP FOLLOW KATIE:INSTAGRAM If you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser and Castbox. Let's Connect:The Get Up GirlInstagramFacebookMonthly online fitness academy
Aaaaaand welcome back to Great Morning lovely listeners! In this insightful episode, the crew is delighted to host entrepreneurs-Tiffany and Nikki! Join these five fellows as they discuss: Trading misconceptions, the Foreign Exchange Market, Doge Coin, and septs of Loopists! It's never too late to start trading! Stay tuned until the end of the episode to hear, "NOT TRYNA" by: Tye Bradshaw!
Branden Thompson is a native Houstonian who graduated from Prairie View University with a degree in Electrical Engineering. He founded TradeHouse. A company that's partnered with an educational platform to properly teach people how to invest in the foreign exchange market. Within only two years of its inception, Trade HOUSE (a wealth management organization) has grown to 80,000 active members. Co-Founders of Trade House, a wealth management company; they're on the show to discuss hosting the "I Am 3" Conference in Miami.https://www.moneymakingconversations.comhttps://www.youtube.com/MoneyMakingConversationshttps://www.facebook.com/MoneyMakingConversations/https://twitter.com/moneymakingconvhttps://www.instagram.com/moneymakingconversations/Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.
Branden Thompson is a native Houstonian who graduated from Prairie View University with a degree in Electrical Engineering. He founded TradeHouse. A company that's partnered with an educational platform to properly teach people how to invest in the foreign exchange market. Within only two years of its inception, Trade HOUSE (a wealth management organization) has grown to 80,000 active members. Co-Founders of Trade House, a wealth management company; they're on the show to discuss hosting the "I Am 3" Conference in Miami.https://www.moneymakingconversations.comhttps://www.youtube.com/MoneyMakingConversationshttps://www.facebook.com/MoneyMakingConversations/https://twitter.com/moneymakingconvhttps://www.instagram.com/moneymakingconversations/ Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
This is the 2nd part of my conversation with Mr. Christian Addison. In this episode Christian explains to us the basics of Forex Trading, available resources, how people can get into Investing etc. Follow Christian on Instagram @theaddisiongrouptrading.
Welcome to episode 72 of Activist #MMT. Today I talk with Texas Christian University PhD. economics professor and Cowboy Economist, John Harvey. The topic of our conversation is exchange rate determination. However, be forewarned that this episode is not an introduction but a deep dive into the weeds of John’s 2009 textbook, Currencies, Capital Flows, and Crises. For a proper introduction, you’ll find links in the show notes to several good recommendations, including two MMT Podcast episodes (December 2020 with John, and October with Steven Hail), John’s August 2020 lecture with Modern Money Australia, a 2012 interview on the economics blog Naked Capitalism, and a layperson-friendly 2004 book by psychologist Thomas Oberlechner. (Here is a link to part two of my interview with John.) This interview took three months of preparation. When I first read John‘s book, I only made it halfway through and, in all honesty, aside from the introduction, I got very little out of it. John’s writing has nothing to do with it, it’s simply an intense and completely (if you’ll forgive the pun) foreign topic. Chapter two, especially, was impenetrable. It’s a summary of the major exchange rate models in neoclassical economics and frankly made zero sense. I took a nap after every few paragraphs and watched videos on each type of model, but none of it felt relevant. (John briefly goes over this chapter in his August 2020 lecture.) I started the book over again and grew fascinated by a five page section in chapter one called Post Keynesian Economics. You’ll find it on pages five to nine. The section is an introduction to post Keynesianism and specifically how it contrasts with neoclassicism (the latter of which is currently mainstream economics). Without exaggeration, I read the section around twenty times and wrote pages of notes and questions, several of which I posted on the Facebook group, Intro to MMT (which, I wasn’t then, but am now, a moderator of… and I recommend you join it). I spent the next two months diving into the basics of mainstream economics, starting with a 2019 paper expressing the common concern for the long-term fiscal sustainability of government spending, and its corresponding debt and interest. I then read and interviewed the authors of the 2020 paper responding to it, by German MMT economist Dirk Ehnts and Danish PhD. candidate Asker Voldsgaard. I also read a paper on historical time as recommended by Asker, and a 2006 paper by Scott Fullwiler. The interview inspired a post where I break down the topic in detail: The long-term fiscal sustainability of government spending (is a non-issue) I then read Steve Keen’s 2011 book, Debunking Economics, second edition. I didn’t understand much more than I did understand, but it was fascinating and enlightening nonetheless. It also provided excellent background for my next interview with UMKC PhD economics candidate Sam Levey, with whom I discussed the core assumptions of mainstream economics [parts one and two]. Links to all of these papers, posts, and interviews can be found in the show notes. [The interviews with Ehnts, Voldsgaard, and Levey will be released to the public in February. Patrons of Activist #MMT can hear them right now.] Before returning to John’s book, I read several papers by John and Ilene Grabel, plus the 2004 book by Oberlechner, called The Psychology of the Foreign Exchange Market. I especially recommend Oberlechner’s book as a layperson introduction to exchange rate determination. It’s particularly easy-to-read and also comes highly recommended by John. As is made clear in Oberlechner’s book, one of, if not the, most important determinant in the reality of exchange rates is group psychology. Finally, I read John‘s book straight through, beginning to end. This time, I was better prepared to distinguish between what to discard and what to focus on. Re-reading chapter two, I now realize that it’s less that I didn’t understand it and more that it’s just not understandable. You would not lose much from skipping the chapter entirely. Its primary benefit is not to learn about foreign exchange but to provide a benchmark for just how far off mainstream is from reality. The other major lesson I take from John‘s book is that people do not want only to trade – meaning purchase physical goods and services from a company in another country – actual human beings want to accumulate financial assets, and especially, to profit in the short term. Neoclassical economics assumes people only want to purchase stuff (meaning trade), and the only reason they need and want to use money is in order to purchase that stuff. But in the world in which we actually live, only between 1.5 to 8% of all international transactions are for trade. The rest, well over 90%, is for purely-financial assets. Despite this obvious contradiction by the facts, minstream economics assumes barter for every person, in every country, at all times. In fact, the assumption of barter is required in order for their assumption of balanced trade (either right now or soon to be) to also be true. And that assumption, of balanced trade, is required in order for the assumption of full employment in a single country (any country!) to also be true. In other words, if the myth of barter is indeed a myth (and it is indeed a myth), then mainstream economics falls apart. John and I discuss this in part one, and it inspired me to write a post where I elaborate on the concept, a link to which can be found in the show notes: The neoclassical assumption of full employment requires balanced trade. If we are to be a civilized society, then we must do what it takes to achieve full employment. Mainstream economics falsely assumes that doing nothing is the only possible avenue to achieving it. MMT demonstrates that full employment can only be attained and maintained, in both good times and bad, by a federally-funded jobs guarantee; one paid for by a currency issuer with a freely-floating currency and little to no debt and other currencies. Despite mainstream’s protestations, full employment doesn’t and can’t happen "naturally." It can only happen with the deliberate and ongoing intervention by the central government – and this will only happen when we stand up and make them do it. Two notes before we get started: first, a minor correction: I say that "today’s" exchange rates are determined by the forecast for next week’s exchange rates. I should have said tomorrow. Second, my full question list can be found in the show notes. And now, onto my conversation with John Harvey. More resources By John: Lecture notes: Exchange Rates and Trade Flows:A Post Keynesian Analysis 1996 paper, Orthodox Approaches to Exchange Rate Determination: A Survey 2001 paper, Exchange Rate Theory and "the Fundamentals" By Ilene Grabel (her website): 2016 paper, CAPITAL CONTROLS IN A TIME OF CRISIS 2011 paper, Not your grandfather's IMF: global crisis, ‘productive incoherence’ and developmental policy space 2003 paper by Grabel, Gerald Epstein, and Jomo Kwame Sundaram, Capital management techniques in developing countries: An assessment of experiences from the 1990's and lessons for the future Other academics recommended by John to learn more about exchange rate determination: Anina Kaltenbrunner, Rogerio Andrade, and Daniela Prates Full question list First things first! Today is a red letter day in the history of exchange rate determination. (brief Battle of the Bulge summary) Before discovering MMT, I never followed or read about economics. Before discovering your work, I never followed or read about foreign exchange. In my ignorance, coupled with how simplistically it seems to be portrayed in the media (such as "China and the United States trade lots of stuff"), I thought that foreign exchange was only trade (which is the exchange of physical goods and services). I also thought that this trade was mostly done directly between two central governments. But the very existence of exchange rates and currency exchange at all, suggests that exchange actually happens, at least substantially, between companies within two different countries. Governments don’t need their own currency! Companies do. So a company in country M (M for import) wants to purchase something from a company in country X (X for export). So company M needs currency from country X, before it can do business with company X. This is not really a question, but I found the opening pages of your book to be pretty eye-opening, and I suspect my ignorance is not unique among the general public. The trading of goods and services is only about 1.5 to 8% of all International transactions. The rest is the trade of financial assets. On page 2 in your book you quote a 2005 BIS survey that says the average daily currency transactions worldwide was about $1.5 trillion. This is around 40 times the value of daily trade. In the show notes, I put a link to a 2019 tweet from Scott Fullwiler that refers to an interview, where it’s stated that $5 trillion of settlements are made each day in the Federal Reserve system in the United States. I don’t remember which one, unfortunately, but Scott also states in a paper that it may be actually between five and $20 trillion per day. Obviously the data quoted in your book is from 15 years earlier, but I’m shocked that the whole planet is only $1.5 trillion when the US alone is $5 trillion. Are these numbers comparable? Regarding a single nation: A major assumption of mainstream economics is that full employment is here now or soon will be. A critical assumption underlying that is that people (households) are insatiable and will spend every dollar of their income on consumer goods and services. This maximizes aggregate demand, which means companies always need to hire more, hence full employment. A critical assumption underlying this is that all of the spending stays within that country. If even one dollar more leaves the country than comes back in, then total demand is lowered and full employment is put in jeopardy. This is why the assumption of balanced trade, either right now or soon will be, is what you call "one of the legs by which the full employment assumption is maintained." Each country must be a perfectly self-contained, hermetically-sealed bubble, or mainstream theory falls apart. Can you elaborate on this connection, and also briefly describe the other legs that undergirds mainstream’s assumption of full employment? One of the most important determinants of exchange rates is group psychology. There’s a great moment in your book discussing how the most important determinant of today’s exchange rate is today’s forecast for next week’s rate (or however far into the future). So the idea that your forecast of next week affects next week’s actual rate is mostly an illusion. And by the time next week rolls around, you don’t care about those actual results anymore! In other words, the expectations are self-fulfilling prophecies. Expectations create the future. Mainstream or neoclassical economics primarily evaluates this situation by comparing those expectations about future values to the actual future values. This is not useful because (A) it pretends the result is unaffected by the expectations (which is called logical time where PK has historical time) (B) Conversely, it suggests that next time maybe we could predict the future. (C) It pretends (I’m not sure how to elegantly say this) that, as if flipping heads five times in a row then makes flipping tails five times in a row more likely and (D) it distracts you from trading and forming expectations in the now! Post Keynesian focuses exclusively on the process of forming those expectations. Can you elaborate on this difference? (I read Oberlechner‘s book. It was very good and in my opinion very layperson friendly. I don’t know why it only addressed foreign exchange since it seems to me that almost all its findings apply just as much to traders at any geographic level.) Mainstream acknowledges that it has nothing to say about exchange rate determination in the short run, and only models for the long run. All of those models are wrong, but let’s pretend that they’re right. So mainstream can predict what will happen, say, 10 years from now, but nothing sooner. So what at all is useful about mainstream economics? 10 years off is always 10 years off. 10 years from now, 10 years from a year from now, 10 years from six years from now. So how is it not just an every-man-for-himself rat race at all times? If I’m correct, then how is mainstream anything more than propaganda for the status quo, which by definition only benefits those already in power. Does that make sense? So much time and energy in foreign exchange is spent on nonsense. Analyzing meaningless charts (chartism) or random economic rules (the fundamentals), pretending that we can somehow predict the future, that we don’t affect the future, that we aren’t affected by others or the past. So on one hand, because we can’t predict the future, what alternative is there? How can it be anything but a big gigantic game? On the other hand, it seems that the vast majority of traders think that neoclassical fantasy world is indeed real. Perhaps a select few that know the reality, deliberately use that knowledge to manipulate and dominate the masses. That seems like a reasonable speculation. Aside from the elite being less elite and neoclassical economists being thrown to the street, what if every trader read your and Oberlechner’s books, and Ilene Grabel‘s work, and really got it? What would this alternate foreign exchange universe be like? Trading wouldn’t stop! How would it be different? Two meta questions: I’m pretty sure these things are not related, but I’m going to ask them together: (one) I’ve heard you say that you disagreed with some aspect of MMT but that it’s something in the weeds, nothing major. What is your disagreement? (Two) knowing that the book was written well over a decade ago, on page 72 you state, "we [the US] have a fractional reserve banking system…." I can only guess that you would agree that that’s no longer the case. So to ask this more broadly: if you were to rewrite the book again today, or update it for a second edition, what would change? How much would each of those changes impact your conclusions, diagrams, and mental models? My ultimate goal, which is clearly impossible to achieve today, is to make a clear connection between your work and that of Fadhel Kaboub. My instinct is that there’s something important there. In your late-Mexican-delivery, margarita-fueled, yet very entertaining "horrifically boring" lecture (which was organized by the fine folks at Modern Money Australia and a MMT Podcast), you said the following: "What if I’m a small African nation. Can I follow MMT policies? I don’t know. I have always wondered about that." You then clarified that your area of expertise is not developing nations. I believe I understand your specific concern and I’d like to clarify your thinking. First, speaking of MMT in general. We as MMTers know, with total certainty, that the central government’s of at least the US, UK, Canada, Australia, and so on, have the capacity to provide dramatically more for public purpose. The challenge is to inform the people and take back control of our government and our money. This may turn out to be unlikely or even impossible, but that’s a purely political and social obstacle, not financial. This is analogous to developing nations: although clearly with less bells and whistles than in developed countries, all nations, no matter how developing they are, have the financial capacity to float their currencies and, given enough time, to provide full employment. At that point, they can indeed provide much more for public purpose. The challenge is therefore not financial, but rather to escape out from under the thumb of their colonizing overlords. This may prove unlikely or even impossible, but that’s mostly a political and social problem. So when you say "I wonder" and "I don’t know," I can only guess (and honestly, hope) that you’re referring to those political obstacles, not the financial ones. Is that a fair characterization? A major cause of currency crises is the discrepancy or tension between groupthink (bandwagons and herd behavior) and the underlying conditions in the real world. As the difference grows larger, the tension is more susceptible to smaller and smaller final straws. But often it seems that the final straw is blamed for the years, and sometimes decades, of problems that the final straw merely exposed. An example is the December Surprise which is blamed for the Mexican Currency crisis in 1994, even though it had been building for at least a decade. This is quite analogous it seems, to the false idea that "creating too much money was the cause" of famous historical hyperinflations. As if the war never happened in Weimar, or the decades of terrible circumstances and decisions never happened in Zimbabwe. It even seems appropriate on a personal level, of people spending years in denial, sometimes unknowingly, and then some point years later, the consequences come out all at once – or at least it feels that way. Can you elaborate on this and bring it back to these exchange rate crises? How much does a country need to be concerned about (groups of) individual traders sitting at computer screens on the other side of the planet? Or are problems generally centered around large actors? How did the internet and computer-based trading change things? Were these problems dramatically different before internet/computer based trading? As I understand your book and Ilene Grabel’s work, the primary problem regarding exchange rate is, essentially, we’ve let the mob take over, and their loan sharks have been put in charge of our economies and finances. The mob definitely does not care about public purpose, they care about nothing more than in-and-out, short-term profit. They also push all financial and real costs on to everybody else, who happens to be more vulnerable and farther from the levers of power. And it’s all done with little to no consequences. So a country or a company makes a deal with the mob devil (neoliberal devil), and eventually takes out a predatory loan: a cash injection in exchange for control. The country is put into an impossible position and eventually fails to meet that impossible condition. In order to bail themselves out, they must often do something that contradicts with their long-term survival, and give up even more control in the process. It inevitably leads to financial ruin. I believe this analogy is in the ballpark, but you’ll correct it as necessary. The major solution according to you and Grabel is to disincentivize short-term profit in order to protect vulnerable countries and companies from predatory loans. But since the mob is in charge of the planet, this is no small task. Can you elaborate on this? Is there anything else you think should be said? Can you recommend related work listeners can look into for more on these topics?
Investor/ Network Marketer and Co-founded of “WeChosenn” Jordan Goss stopped by the “Talk With Tora” podcast. Jordan expressed the importance of investing, how it has benefited him, what’s the Digital Exchange Market and Foreign Exchange Market , and a few basic tips on how to become a beginner investor. Jordan also talked about what his business offers, how he always helps out in his community, and how the positive impact of what he does motivates others. Facebook: Jordan Goss Personal IG: @thaprodigy.1 Business IG: @wechosenn --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/talkwithtora/support
In her 6+ years of trading experience, Zea Brejai has been able to build a life for herself and her family that they only once dreamed of. As a certified trader through the bank of London, Zea has become well versed in trading in the Foreign Exchange Market, Futures Market, and Stock Market. When she’s not working to grow her own portfolio, Zea teaches men and women across the world how to make their money work for them and trade like the banks do. Through her business, Wealth Manner, Zea simplifies trading and gives in-depth insights to provide her students with a solid foundation for success in multiple markets. Zea Brejai is a freelance Market Professional. Social media handles: www.wealthmanner.com @zeabrejai @tradingtourguide @Wealthmanner --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/tiaranicole/support
Today, Victoria Broady (Educator Of Trade School) discusses life as a mother and entrepreneur. She also provides information on investing in the foreign exchange market and financial freedom... Let's Talk! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/brittneybundles/support
Over the last week or so, reports have surfaced that a few pharmaceutical and biopharmaceutical companies are on the brink of having a vaccine for COVID-19 ready. In the latest Associated Bank Thought Leader conversation, Don Lloyd (SVP of Capital Markets – Foreign Exchange and Derivatives at Associated Bank) joined Steve Grzanich to discuss how […]
In this episode of the "EACCNY Brexit Musings", we will hear from Marc Chandler, Managing Director & Chief Markets Strategist at BANNOCKBURN GLOBAL FOREX and Kathleen Hays, Global Economics and Policy Editor for BLOOMBERG TV & RADIO. Their discussion will focus on the far-reaching implications of Brexit on the sterling and Foreign Exchange Market. Starting with a chat on the near-term disruption of Brexit on January 1, Marc and Kathleen will then "muse" about what it may look like five years or so down the road. Does the independence from the EU cost it to lose Scotland? Northern Ireland? Does sterling become more of less important of a global currency? Is its per capita GDP going be rising faster or slower? Will a new financial center(s) on the Continent erode London's status. In a world that is dominated by the size of few large economies, the US, China, the EU, Japan, India, what is the role of the UK?Marc Chandler joined Bannockburn Global Forex in October, 2018. Prior to joining Bannockburn, he was the global head of currency strategy at Brown Brothers Harriman for thirteen years... Previously he was the chief currency strategist for HSBC Bank USA and Mellon Bank. Marc is a prolific writer and speaker. In addition to being frequently called up to by the newspapers and news wires to provide insight into the developments of the day, Chandler's essays have been published in the Financial Times, Barron's, Euromoney, Corporate Finance, and Foreign Affairs. His blog, www.marctomarket is widely read and picked up by both the traditional and social media. Marc appears often on business television and is a regular guest on CNBC. He frequently presents to business groups and investors. His first book, “Making Sense of the Dollar: Exposing Dangerous Myths about Trade and Foreign Exchange was published by Bloomberg Press in August 2009 and it won a Bronze Award from Independent Publishers. His second book, Political Economy of Tomorrow, was published in February 2017. His current research projects include global imbalances, scarcity and surplus, and the relationship between savings, investment and growth. Marc has been analyzing the foreign exchange market for more than 20 years. He holds a Master's degree in American history (1982) from Northern Illinois University and a Master's in International Political Economy from the University of Pittsburgh (1984). He has taught classes on International Political Economy at New York University since the early 1990s. He is also a Visiting Executive Lecturer at Darden Graduate School of Business Administration at University of Virginia since 2012. Kathleen Hays is Global Economics and Policy Editor for Bloomberg Television and Radio, covering economies and central banks around the world, from the Federal Reserve and the European Central Bank, to the Bank of Japan and the People's Bank of China. Hays can be seen and heard on “Bloomberg Daybreak Asia” and “Bloomberg Asia Markets,” and on Bloomberg Radio's “Bloomberg Markets P.M.”Hays joined Bloomberg in 2006 after years as an on-air and online economics correspondent at CNBC and CNN, where she served as a host, correspondent and commentator for numerous programs. She began her career as the New York bureau chief at Markets News International, a financial news service. From there, she joined Reuters, and later worked as an economics correspondent and New York bureau chief for Investor's Business Daily.Hays attended Stanford University, where she earned both a bachelor's degree and a master's degree in economics. She is a member and former governor of the Money Marketeers of NYU, and a member of the Economic Club of New York. She is based in New York City.
The first Presidential Debate took place earlier this week. Don Lloyd (SVP of Capital Markets – Foreign Exchange and Derivatives at Associated Bank) joined Steve Grzanich to discuss the affect the debate had on the foreign exchange market, and whether the election will impact the “FX” market next month. Later on in the Associated Bank […]
Blowout consumer confidence number today; Presidential debates, Disney layoffs; Regeneron anti-body looking promising. You shouldn’t just jump into the stock market. If you’re on the fence, why not test yourself on one of the many stock market simulator games available on the net, iOS, and Android? The pros of using a stock market simulator game: All the functions of the stock market, none of the risk. If taken seriously, an apps real world stocks, virtual budgets, and pro-instruments can become the ultimate stock trainer. Most stock market simulators are 100% free. The cons of using a stock market simulator game: Gains in a simulator don’t reflect the fees you’ll encounter when trading. Unless you’re taking it seriously as a pre-cursor to investing, a stock simulation game won’t prepare you for trading. Doing well in a trading simulator can sometimes give investors a care-free attitude to real investing. CHECK OUT: 5 super-simple financial apps perfect for new investors. Here’s our top 5 stock market simulator games: 1. Wall Street Survivor Put the comical product trailer to one side and know that this stock market app is a top-tier simulator. Uses real-world stock price tracking, a virtual pot of cash, and is playable in most web browsers. Includes tips, glossaries, and courses, each free or purchasable via virtual currency earned. Compete against other investors in established leagues or create your own and invite your own investor buddies. Watch the best investors playing and see what they’re trading for extra insight. 2. Best Brokers: Stock Simulator – iOS / Android Best Brokers includes a variety of stock markets to invest in and even a specific section for cryptocurrencies. It includes a news feed, activity feed from other investors, a friends list, and a direct messaging feature. Other features include a series of stock trainer videos, and an FAQ covering high-level investment information. If you’re looking for a casual feeling app, Best Brokers has a user-friendly interface that’s perfect for beginners. 3. Stock Trainer: Virtual Trading – Android only If you can get past the aesthetics, Stock Trainer: Virtual Trading is one of the best apps for learning. You can pick different regions and markets, so you’re not locked to the New York Stock Exchange or Nasdaq. Despite the aesthetic issues, it is mostly user-friendly, and amazing stock insights are always just a tap away. One of the best features is how the app combines stock news with stock value, and the opportunity to buy with virtual currency in one screen. This stock market simulator includes everything a budding investor needs. From top movers, suggested stocks, and portfolio overviews. CHECK OUT: 5 collectibles that make interesting investment alternatives. 4. BoneApps: Stock Exchange Game – Android only BoneApps is the one app on this list that’s more game than a virtual stock market simulator. Instead of just reflecting values, BoneApps simulates world events, impacting stock value, and giving great insight into how the market might react based on real scenarios. One way you could use the app is by putting your real-world stock picks to the test. Can they survive the apps scenarios and fluctuations? Are they strategically sound? Some of the other gamified features include a leveling system. Plus no registration is needed. 5. Investing Game: Forex 4 Beginners – iOS / Android This app offers the stock market, Forex market, and cryptocurrency simulation. Forex stands for the ‘Foreign Exchange Market” and is the global market for trading currencies. The market allows traders to gamble for and against currency value comparisons. This Forex 4 Beginners simulation offers a super-minimal interface and a step-by-step guide that covers everything you need to know. Without being wordy or over-complicated. The app uses real-world market information in its simulation and continuously offers tips about how to buy, sell, and manage assets. CHECK OUT: 5 hot Gen Z products that could be future proof stock market investments. See omnystudio.com/listener for privacy information.
There were no major changes in the currency market last week. The U.S. dollar depreciated in the first half, but regained some of its lost positions in recent days. The bad news continued to dominate the market last week, with addition of car rental giant Hertz to the list of retailers in restructuring process - JCPenney, Neiman Marcus and J. Crew. It is a company with a history of more than 100 years, with about 38 thousand employees, whose activities were severely affected by the virus and quarantine, and the suspended activities did not allow it to settle with creditors, so a debt restructuring procedure was announced. This is another example that the current economic situation is very difficult in the country and even the largest companies are facing significant difficulties in meeting their obligations and keeping jobs.Disclaimer:This podcast is produced for a global audience and does not contain and should not be construed as containing investment advice, investment recommendations, an offer or solicitation of any transaction in financial instruments. Please note that this trading analysis is not a reliable indicator of current or future performance as circumstances may change over time. Before making any investment decisions, you should seek independent financial advisors to help you understand the risks.Forex & CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this providerRead more at https://admiralmarkets.com.
PDF File for this Slide Show: https://bit.ly/35EmCNPClasses: www.alchemicacademic.com Join the Coinz and Currentz Patreon: https://www.patreon.com/coinzandcurrentzTo Join the Slack Team | connect and build with like minds: https://bit.ly/3a2fDPlBooks I Read about Currency Trading:Currency Trading For Dummies: https://amzn.to/2xd8z5iThe Art of Currency Trading: A Professional's Guide to the Foreign Exchange Market: https://amzn.to/2xShuJQRich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom: https://amzn.to/3aEdE47Readings:To schedule a Reading: https://bit.ly/2Xrg7vOTestimonials: http://hoodmystic.com/testimonials/Listen on SPOTIFY: https://spoti.fi/38iOUNFMERCH: https://columbianxchange.com/Books:Astrology Explained Book: https://amzn.to/2QPjObfAstrology Explained Web Page: https://hoodmystic.com/astrology-explained/Manipulating the Matrix: https://amzn.to/2r02dmvHow to Read Natal Charts Easily and Effectively: https://amzn.to/2pXXNfESocial Media:Follow me on Instagram: https://www.instagram.com/thehoodmystic/Website: https://www.hoodmystic.comDonations:Donate through Paypal: https://PayPal.me/thehoodmysticDonate through Patreon: https://www.patreon.com/hoodmysticDonate through Cash App: https://cash.me/$hoodmystic38
Learning Triangle | Moon in Libra | Sun in Aries | Neptune in AquariusEsoteric Concepts | Conflict Resolution | Relationships | The Age of the Aquarius | How to Deal With Energy VampiresTarot & Astrology Class: http://www.alchemicacademic.com/Join the Coinz and Currentz Patreon: https://www.patreon.com/coinzandcurrentzTo Join the Slack Team | connect and build with like minds: https://bit.ly/3a2fDPlReadings:To schedule a Reading: https://bit.ly/2Xrg7vOTestimonials: http://hoodmystic.com/testimonials/Listen on SPOTIFY: https://spoti.fi/38iOUNFMERCH: https://columbianxchange.com/Books:Astrology Explained Book: https://amzn.to/2QPjObfAstrology Explained Web Page: https://hoodmystic.com/astrology-explained/Manipulating the Matrix: https://amzn.to/2r02dmvHow to Read Natal Charts Easily and Effectively: https://amzn.to/2pXXNfESocial Media:Follow me on Instagram: https://www.instagram.com/thehoodmystic/Website: https://www.hoodmystic.comDonations:Donate through Paypal: https://PayPal.me/thehoodmysticDonate through Patreon: https://www.patreon.com/hoodmysticDonate through Cash App: https://cash.me/$hoodmystic38Books I Read about Currency Trading:Currency Trading For Dummies: https://amzn.to/2xd8z5iThe Art of Currency Trading: A Professional's Guide to the Foreign Exchange Market: https://amzn.to/2xShuJQRich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom: https://amzn.to/3aEdE47
https://www.instagram.com/whothefuckisshaka/Join the Coinz and Currentz Patreon: https://www.patreon.com/coinzandcurrentzTo Join the Slack Team | connect and build with like minds: https://bit.ly/3a2fDPlReadings:To schedule a Reading: https://bit.ly/2Xrg7vOTestimonials: http://hoodmystic.com/testimonials/Listen on SPOTIFY: https://spoti.fi/38iOUNFMERCH: https://columbianxchange.com/Books:Astrology Explained Book: https://amzn.to/2QPjObfAstrology Explained Web Page: https://hoodmystic.com/astrology-explained/Manipulating the Matrix: https://amzn.to/2r02dmvHow to Read Natal Charts Easily and Effectively: https://amzn.to/2pXXNfESocial Media:Follow me on Instagram: https://www.instagram.com/thehoodmystic/Website: https://www.hoodmystic.comDonations:Donate through Paypal: https://PayPal.me/thehoodmysticDonate through Patreon: https://www.patreon.com/hoodmysticDonate through Cash App: https://cash.me/$hoodmystic38Books I Read about Currency Trading:Currency Trading For Dummies: https://amzn.to/2xd8z5iThe Art of Currency Trading: A Professional's Guide to the Foreign Exchange Market: https://amzn.to/2xShuJQRich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom: https://amzn.to/3aEdE47
Join the Coinz and Currentz Patreon: https://www.patreon.com/coinzandcurrentzTo Join the Slack Team | connect and build with like minds: https://bit.ly/3a2fDPlReadings:To schedule a Reading: https://bit.ly/2Xrg7vOTestimonials: http://hoodmystic.com/testimonials/Listen on SPOTIFY: https://spoti.fi/38iOUNFMERCH: https://columbianxchange.com/Books:Astrology Explained Book: https://amzn.to/2QPjObfAstrology Explained Web Page: https://hoodmystic.com/astrology-explained/Manipulating the Matrix: https://amzn.to/2r02dmvHow to Read Natal Charts Easily and Effectively: https://amzn.to/2pXXNfESocial Media:Follow me on Instagram: https://www.instagram.com/thehoodmystic/Website: https://www.hoodmystic.comDonations:Donate through Paypal: https://PayPal.me/thehoodmysticDonate through Patreon: https://www.patreon.com/hoodmysticDonate through Cash App: https://cash.me/$hoodmystic38Books I Read about Currency Trading:Currency Trading For Dummies: https://amzn.to/2xd8z5iThe Art of Currency Trading: A Professional's Guide to the Foreign Exchange Market: https://amzn.to/2xShuJQRich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom: https://amzn.to/3aEdE47
Join the Coinz and Currentz Patreon: https://www.patreon.com/coinzandcurrentzTo Join the Slack Team | connect and build with like minds: https://bit.ly/3a2fDPlReadings:To schedule a Reading: https://bit.ly/2Xrg7vOTestimonials: http://hoodmystic.com/testimonials/Listen on SPOTIFY: https://spoti.fi/38iOUNFMERCH: https://columbianxchange.com/Books:Astrology Explained Book: https://amzn.to/2QPjObfAstrology Explained Web Page: https://hoodmystic.com/astrology-explained/Manipulating the Matrix: https://amzn.to/2r02dmvHow to Read Natal Charts Easily and Effectively: https://amzn.to/2pXXNfESocial Media:Follow me on Instagram: https://www.instagram.com/thehoodmystic/Website: https://www.hoodmystic.comDonations:Donate through Paypal: https://PayPal.me/thehoodmysticDonate through Patreon: https://www.patreon.com/hoodmysticDonate through Cash App: https://cash.me/$hoodmystic38Books I Read about Currency Trading:Currency Trading For Dummies: https://amzn.to/2xd8z5iThe Art of Currency Trading: A Professional's Guide to the Foreign Exchange Market: https://amzn.to/2xShuJQRich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom: https://amzn.to/3aEdE47
Join the Coinz and Currentz Patreon: https://www.patreon.com/coinzandcurrentzTo Join the Slack Team | connect and build with like minds: https://bit.ly/3a2fDPlReadings:To schedule a Reading: https://bit.ly/2Xrg7vOTestimonials: http://hoodmystic.com/testimonials/Listen on SPOTIFY: https://spoti.fi/38iOUNFMERCH: https://columbianxchange.com/Books:Astrology Explained Book: https://amzn.to/2QPjObfAstrology Explained Web Page: https://hoodmystic.com/astrology-explained/Manipulating the Matrix: https://amzn.to/2r02dmvHow to Read Natal Charts Easily and Effectively: https://amzn.to/2pXXNfESocial Media:Follow me on Instagram: https://www.instagram.com/thehoodmystic/Website: https://www.hoodmystic.comDonations:Donate through Paypal: https://PayPal.me/thehoodmysticDonate through Patreon: https://www.patreon.com/hoodmysticDonate through Cash App: https://cash.me/$hoodmystic38Books I Read about Currency Trading:Currency Trading For Dummies: https://amzn.to/2xd8z5iThe Art of Currency Trading: A Professional's Guide to the Foreign Exchange Market: https://amzn.to/2xShuJQRich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom: https://amzn.to/3aEdE47
Even though currency trading is widely available it does not mean it is understood. We deal with the intellectual and psychological components of trading as a business. Join the Coinz and Currentz Patreon: https://www.patreon.com/coinzandcurrentzTo Join the Slack Team | connect and build with like minds: https://bit.ly/3a2fDPlBooks I Read about Currency Trading:Currency Trading For Dummies: https://amzn.to/2xd8z5iThe Art of Currency Trading: A Professional's Guide to the Foreign Exchange Market: https://amzn.to/2xShuJQRich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom: https://amzn.to/3aEdE47
Forex Trader Motor City Mal joins in on the Run to talk about the "Forex is a scam" narrative. -Instagram: therunpodcastTwitter: PodcastTheRunFacebook: PodcastTheRunYouTube: IamMannyWilson
Startuprad.io - The Authority on German, Swiss and Austrian Startups and Venture Capital
You are listening to the audio track of a YouTube interview. Find all the interviews at YouTube.com/Startupradio The InterviewIn this interview, we talk to an international entrepreneur, of which we try to bring you approx. 30% of our content. This time we have the pleasure to interview a member of “Forbes Asia 30 Under 30” Lucy Yueting Liu (https://www.linkedin.com/in/awxlucy/), co-founder of Hongkong-based fintech unicorn Airwallex (https://www.airwallex.com/). Airwallex is simplifying international payments for companies. “Valuation is the result of what you did well. It is not really a milestone itself. Valuation means nothing if there is no growth” Lucy Liu, Co-Founder fintech unicorn Airwallex ContextDuring the interview, Joe and Lucy talk about her past as an investment consultant and intern at banks. She jumped pretty young into the startup world. The idea of Airwallex is to offer a cheaper better and more convenient alternative to SWIFT, which was invented in the 70s (see details below). “The average time a CEO of a startup stays as CEO is 3 years. Many people cannot grow in a way that helps their business” Lucy Liu, Co-Founder fintech unicorn Airwallex Affiliated LinksBretton Woods, Global Perspectives on the Bretton Woods Conference and the Post-War World Order (The World of the Roosevelts) https://amzn.to/2WSalRCThe Bretton Woods Agreements: Together with Scholarly Commentaries and Essential Historical Documents (Basic Documents in World Politics) https://amzn.to/2Nrj8agMore books here: https://amzn.to/2JZO7YEFX Trading BooksThe Art of Currency Trading: A Professional's Guide to the Foreign Exchange Market https://amzn.to/2PVAAoRA Foreign Exchange Primer https://amzn.to/2WTEq3lAudibleOr listen to interesting audio books on Audible. You get the first month free https://www.amazon.de/dp/B00NTQ6K7E?tag=startupradi0e-21 Further LinksDuring the interview, Lucy and Joe touch on different topics. Learn more here: Link Video all New Zealand Rugby team “All Blacks” and their Māori war dance Hakka https://youtu.be/I3gbneDt-S4 FX or forex spreads https://www.investopedia.com/articles/forex/090914/understanding-spread-retail-currency-exchange-rates.asp A short explanation video what SWIFT is https://www.youtube.com/watch?v=lxaa9GDIOE4 or here on Wikipedia: https://en.wikipedia.org/wiki/Society_for_Worldwide_Interbank_Financial_Telecommunication Single euro payments area (SEPA): https://ec.europa.eu/info/business-economy-euro/banking-and-finance/consumer-finance-and-payments/payment-services/single-euro-payments-area-sepa_en Non-convertible currencies: https://www.investopedia.com/terms/n/nonconvertiblecurrency.asp The Intern https://www.imdb.com/title/tt2106015/ trailer: https://www.youtube.com/watch?v=ZU3Xban0Y6A https://www.startuprad.io/blog/interview-with-lucy-liu-co-founder-of-hongkong-based-fintech-unicorn-airwallex/ Folge direkt herunterladen
This is the fintech track of Startuprad.io. Find us on Twitter: https://twitter.com/fintech_germany Learn more about us at www.startuprad.io The InterviewIn this interview, we talk to an international entrepreneur, of which we try to bring you approx. 30% of our content. This time we have the pleasure to interview a member of “Forbes Asia 30 Under 30” Lucy Yueting Liu (https://www.linkedin.com/in/awxlucy/), co-founder of Hongkong-based fintech unicorn Airwallex (https://www.airwallex.com/). Airwallex is simplifying international payments for companies. “Valuation is the result of what you did well. It is not really a milestone itself. Valuation means nothing if there is no growth” Lucy Liu, Co-Founder fintech unicorn Airwallex ContextDuring the interview, Joe and Lucy talk about her past as an investment consultant and intern at banks. She jumped pretty young into the startup world. The idea of Airwallex is to offer a cheaper better and more convenient alternative to SWIFT, which was invented in the 70s (see details below). “The average time a CEO of a startup stays as CEO is 3 years. Many people cannot grow in a way that helps their business” Lucy Liu, Co-Founder fintech unicorn Airwallex Affiliated LinksBretton Woods, Global Perspectives on the Bretton Woods Conference and the Post-War World Order (The World of the Roosevelts) https://amzn.to/2WSalRCThe Bretton Woods Agreements: Together with Scholarly Commentaries and Essential Historical Documents (Basic Documents in World Politics) https://amzn.to/2Nrj8agMore books here: https://amzn.to/2JZO7YEFX Trading BooksThe Art of Currency Trading: A Professional's Guide to the Foreign Exchange Market https://amzn.to/2PVAAoRA Foreign Exchange Primer https://amzn.to/2WTEq3lAudibleOr listen to interesting audio books on Audible. You get the first month free https://www.amazon.de/dp/B00NTQ6K7E?tag=startupradi0e-21 Further LinksDuring the interview, Lucy and Joe touch on different topics. Learn more here: Link Video all New Zealand Rugby team “All Blacks” and their Māori war dance Hakka https://youtu.be/I3gbneDt-S4 FX or forex spreads https://www.investopedia.com/articles/forex/090914/understanding-spread-retail-currency-exchange-rates.asp A short explanation video what SWIFT is https://www.youtube.com/watch?v=lxaa9GDIOE4 or here on Wikipedia: https://en.wikipedia.org/wiki/Society_for_Worldwide_Interbank_Financial_Telecommunication Single euro payments area (SEPA): https://ec.europa.eu/info/business-economy-euro/banking-and-finance/consumer-finance-and-payments/payment-services/single-euro-payments-area-sepa_en Non-convertible currencies: https://www.investopedia.com/terms/n/nonconvertiblecurrency.asp The Intern https://www.imdb.com/title/tt2106015/ trailer: https://www.youtube.com/watch?v=ZU3Xban0Y6A https://www.startuprad.io/blog/interview-with-lucy-liu-co-founder-of-hongkong-based-fintech-unicorn-airwallex/
The Bearded Host sits down with one of his best friends, Sir Hans Felix, to discuss lessons learned from College days, Student Loans and his venture into the Foreign Exchange Market. Join us for an awesome conversation between two witty brothers. --- Support this podcast: https://anchor.fm/humbly-radio/support
An excerpt from my chats with my chat with Investor, Forex Trader and Financial Consultant Eboni Austin on the importance of managing your finances and understanding your financial season. Eboni discusses some of the biggest issues we face regarding money, systems to implement to create passive income and shares tips and tricks to repair your credit. She also shares tips on how to manage your finances and create wealth through passive income through investing in Forex market so we can work smarter not harder. My chat with Investor, Forex Trader and Financial Consultant Eboni Austin on her journey on balancing the family life while working 9-5 and the moment that let her to start trading in the Foreign Exchange Market to ultimately become a successful full time entrepreneur. Eboni discusses some of the biggest issues we face regarding money, systems to implement to create passive income and shares tips and tricks to repair your credit. She also shares tips on how to manage your finances and create wealth through passive income, investing in Forex market, understanding the secret to success and wealth as a believer. https://linktr.ee/ebonicaustin --- Support this podcast: https://anchor.fm/clipodcast/support
Foreign Exchange Market, o Forex, é um conjunto das operações envolvendo trocas entre moedas dos diversos países do mundo. Basicamente é uma arbitragem entre pares de moedas, podendo escolher com quais pares especular. Mas será que esse tipo de aplicação é legal no Brasil? Você sabe o que é Forex? Descubra isso e muito mais nesse podcast.Link do grupo no Facebook: https://www.facebook.com/groups/oinvestidorinteligenteQuer aprender a fazer o seu dinheiro trabalhar para você? Fique por dentro das melhores dicas sobre finanças e investimentos Aprenda tudo isso através de dicas rápidas e fáceis de consumir. Visite nosso site para conhecer os outros experts. www.dicascurtas.com.br________________________________Conheça agora o Firework!O Firework é um aplicativo de vídeos curtos com diversos conteúdos que são apresentados em um feed criado de acordo com seus principais interesses.Lá você encontra vídeos inspiradores e conteúdos incríveis produzidos por artistas, músicos, atletas, comediantes e muito mais, com uma experiência imersiva incrível chamada REVEAL.Você também pode se tornar um criador de conteúdos compartilhando seus conhecimentos e habilidades por lá!Bateu aquela curiosidade em saber mais? Instale agora o app em seu smartphone:Link para Android: https://dicascurtas.com.br/firework-androidLink para IOS: https://dicascurtas.com.br/firework-ios________________________________Seja um apoiador do Dicas CurtasCom incentivos a partir de R$1 você ajudará o Dicas Curtas a alcançar mais pessoas, incluir novos experts e poder ter acesso a conteúdos exclusivos e participar de lives ao vivo com o expert de sua preferência!Tudo isso em um grupo destinado apenas a apoiadores no Facebook.Para ser um apoiador basta acessar: https://apoia.se/dicascurtas________________________________
Foreign Exchange Market, o Forex, é um conjunto das operações envolvendo trocas entre moedas dos diversos países do mundo. Basicamente é uma arbitragem entre pares de moedas, podendo escolher com quais pares especular. Mas será que esse tipo de aplicação é legal no Brasil? Você sabe o que é Forex? Descubra isso e muito mais nesse podcast.Link do grupo no Facebook: https://www.facebook.com/groups/oinvestidorinteligenteQuer aprender a fazer o seu dinheiro trabalhar para você? Fique por dentro das melhores dicas sobre finanças e investimentos Aprenda tudo isso através de dicas rápidas e fáceis de consumir. Visite nosso site para conhecer os outros experts. www.dicascurtas.com.br________________________________Conheça agora o Firework!O Firework é um aplicativo de vídeos curtos com diversos conteúdos que são apresentados em um feed criado de acordo com seus principais interesses.Lá você encontra vídeos inspiradores e conteúdos incríveis produzidos por artistas, músicos, atletas, comediantes e muito mais, com uma experiência imersiva incrível chamada REVEAL.Você também pode se tornar um criador de conteúdos compartilhando seus conhecimentos e habilidades por lá!Bateu aquela curiosidade em saber mais? Instale agora o app em seu smartphone:Link para Android: https://dicascurtas.com.br/firework-androidLink para IOS: https://dicascurtas.com.br/firework-ios________________________________Seja um apoiador do Dicas CurtasCom incentivos a partir de R$1 você ajudará o Dicas Curtas a alcançar mais pessoas, incluir novos experts e poder ter acesso a conteúdos exclusivos e participar de lives ao vivo com o expert de sua preferência!Tudo isso em um grupo destinado apenas a apoiadores no Facebook.Para ser um apoiador basta acessar: https://apoia.se/dicascurtas________________________________
Startuprad.io - The Authority on German, Swiss and Austrian Startups and Venture Capital
The interview was conducted as part of our participation at the Benzinga Global Fintech Awards (bzawards.com). We are talking to Markus Wunsch (https://www.linkedin.com/in/markuswunsch/), CEO, Founder, and Chairman of the insurance startup MountWish (http://www.mountwish.org/). They made 2nd at the Benzinga Global Fintech Awards in New York in the category Forex Platform (https://benzingafintechawards.com/vote-2018/mount-wish/). The startup is in the process of relocating from Munich to New York as preparation of their planned 2019 IPO at the New York Stock Exchange. Learn more in the interview, e.g. how he came by an overdraft for his private account of 10 mn Euros and when he is planning to raise a pre-IPO venture capital round. During the conversation Markus and Joern talk about: Solvency II https://en.wikipedia.org/wiki/Solvency_II_Directive_2009 Forex is short for Foreign Exchange Market (the global currency market) https://en.wikipedia.org/wiki/Foreign_exchange_market Exposure: https://www.investopedia.com/terms/f/financial-exposure.asp Netting: https://www.investopedia.com/terms/n/netting.asp Hedging: https://www.investopedia.com/exam-guide/series-3/studyguide/chapter3/hedging.asp Derivatives (In general): https://en.wikipedia.org/wiki/Derivative_(finance) Forwards (Derivatives): https://en.wikipedia.org/wiki/Forward_contract Futures (Derivatives): https://en.wikipedia.org/wiki/Futures_contract SPV – Special Purpose Vehicle https://en.wikipedia.org/wiki/Special-purpose_entity For everybody who is curious, this is how Joern looks deep in stress and jetlag ☹ Find the original interview here: https://youtu.be/efXZYpsRl1A
Topics of Discussion: MONEY, THE FOREIGN EXCHANGE MARKET, FINANCE STRATEGIES, SAVINGS, HANDLING DEBT and more
Topic of Discussion: Forex Trading & Generational Wealth Meet Branden Thompson He's an engineer, a member of Alpha Phi Alpha Fraternity Inc., a business owner, consultant, public speaker, and most importantly a mentor. He attended the real HU Hampton University, but after facing financial hardships he returned back to his hometown Houston, TX to graduate from the Prairie View A&M University. This podcast will challenge your beliefs in creating wealth for yourself and your family. He breaks down how to make money on your smartphone. When you finish listening I'm sure you're going to want more information. Tell him the Pretty Plug sent you and DM him the word "Faith" so you get that family treatment. Let's make generational wealth the norm. More about his business: Tradehouse Investment Group is an investment group that uses a platform comprised of products and services to guide our students through a systematic approach of "earning while learning" the skill of trading in the FOREIGN EXCHANGE MARKET. Follow him everywhere: Instagram: @1tradehouse | @trillionairethomp Website: www.tradehouseinvestmentgroup.com --- Support this podcast: https://anchor.fm/jasmine-a-stith/support
Presidential Tweets Express Anger at the Fed The catalyst today was more tweets from President Trump where he is expressing anger, not only at the Federal Reserve, and at the ECB and at the Bank of China, because he is accusing both Europe and China of being currency manipulators; taking advantage of us by weakening their currencies. He's saying that a weak currency gives you an advantage. It doesn't. Strong Currency Provides Trade Advantage When it comes to trade, it is a strong currency that gives you the advantage because trade is all about imports. How do you get more stuff for your own citizens, and the way you pay for that stuff is by exporting. But the goal is to export as little as possible and to import as much as possible. If you're a buyer, you always want to pay the least and get the most. So you pay for stuff when you export because you're using resources to produce stuff for other people. But you're not producing stuff for other people because you're charitable, you're trying to earn the money to buy stuff for yourselves that other people made. Is Trump Firing Back? Having a strong currency is a huge advantage because it means you can claim a greater portion of the global output. Because the dollar has been so over-valued thanks to the generosity or the stupidity of our trading partners, Americans enjoy greater consumption than what would otherwise be available to them if we were limited by our own collective production. So we actually have the advantage. But by calling out China and the ECB for deliberately weakening their currency, you would think that Trump may want to fire back. Weakening the Dollar Donald Trump doesn't control the Fed, but the Treasury Department can intervene in the foreign exchange markets. Maybe, if Donald Trump really believes that these other countries are deliberately weakening their currency and if he has no control over the Fed but he does have control over the U.S. Treasury, he can have the Secretary of the Treasury intervene, go into the Foreign Exchange Market and start dumping dollars, trying to drive the dollar down so that we can reclaim the advantage. At least the way he looks at it.
Desire To Trade Podcast | Forex Trading Tips & Interviews with Highly Successful Traders
In episode 87 of the Desire To Trade Podcast, we discuss exactly what you need to know to increase your trading capital as I interview Forex trader Raj Turner based in Kingston, Jamaica. More about Raj Turner Outside his trading, Raj is a trained Engineer & Certified Supply Chain Manager. As a trader of the major pairs in the Foreign Exchange Market, he looks for swing trades (medium term) as that's what he believes to be most profitable. He got in the market or the first time about 10 years ago and has recently won 7x the TopTradr financing for $10,000 Learn About TopTradr A couple of weeks ago, I was approached by someone from TopTradr and I liked the concept of their app, so I thought I'd include a small description of what they do with this podcast episode... TopTradr is a companion app for your trading. It's designed to give you greater scope to realize your ambitions. By linking an MT4 account from one of their recommended brokers, the app ranks your profile versus other traders for a chance increase your trading capital and manage a $10,000 prop account. It's very easy to get involved: first create your profile, then link a trading account via a recommended broker and you can start trading. >> Check Out TopTradr I'd love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! In This Episode, You'll Learn... What a typical day looks like in the life of Raj Managing to trade profitably with a full-time job What TopTradr is about The steps Raj had to go through to see consistency in his trading The few things "hobby traders" have to overcome to get profitable How to increase your trading capital progressively The beauty of trading a bigger account Simplifying your trading strategy to remember it easier The power of being in a supportive community And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned In This Episode Risk Of Ruin Calculator: I use the one from Chris Capre all the time! DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes
In case you haven’t noticed, the recent election has had a pretty significant impact on the strength of the dollar worldwide. The U.S. dollar is actually gaining strength in the world economy - it’s at a 13 year high - and it’s in large part because of what financial gurus around the world believe is going to happen in the U.S. economy because of the election of Donald Trump. But do you know what impact the growing power of the dollar will have on you? If you want to hear how this phenomenon happens, why it happens, and what it means for you, I’ve got you covered on this episode of The Retirement Answer Man. Do you understand what the FOREX market is? The term “FOREX” stands for “Foreign Exchange Market” and it’s where people worldwide trade in currencies. You may not have even known such a thing happens. But anytime you go to another country and you have to trade U.S. dollars for another currency, you’re taking part in a FOREX style trade - one currency value compared to another and exchanged in kind. With the rising value of the dollar these days the FOREX market is going a bit nuts at the moment. Find out why and what it means for you on this episode. Is your long-term care policy safe even if your company is no longer providing long-term policies? After my comments on the last episode of the podcast about John Hancock’s announcement that it will be getting out of the long-term care business, some of you were a bit concerned. You have JH long-term policies so you’re wondering what’s going to happen to that policy. On this episode, I walk you through the scenarios of what typically happens when a large insurer like John Hancock makes an announcement of this type, including how they take care of the policy holders they already have on the books. I think you’ll find that it’s not as bad for you as you may be fear. Should long-term market averages impact the way you draw cash from your retirement account? A listener to the podcast wrote to me this last week pointing out that long-term averages indicate that market downturns are almost always corrected over time. Looking at that fact he suggested that because the market will correct itself in time we shouldn’t be so concerned if we are living through a market downturn during retirement. But I’ve got a slightly different take on the issue simply because even though the facts and figures do add up just like he’s saying, we are emotional creatures and aren’t always able to live with the reality of what’s happening around us. You can hear my entire train of thought about the subject clanking along the tracks, on this episode. What retirement-related issues do you want to hear on this show? It’s time once again for my annual listener survey. It may not sound like a very exciting thing for you to take part in but the responses I receive from the listener survey are the primary way I determine what I’m going to be talking about over the next year’s episodes of the podcast. I’d really love to get your feedback and input. It’s a great way that you can help me help you! If you’d like to know how you can take part in this year’s survey I cover it step by step on this episode of the podcast so set aside some time and give it a listen. OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN [0:29] My introduction to this Thanksgiving episode - and my plans for the show moving forward. [1:19] My 2nd annual listener survey - would you help me create better content? WHAT DOES THAT MEAN? SEGMENT [3:34] What is the Forex market? HOT TOPIC SEGMENT [5:27] The 13 year HIGH the U.S. Dollar is on right now. [6:45] How President-elect Trump’s policies are stimulating this change. [7:52] The impact of a high priced U.S. Dollar, worldwide. PRACTICAL PLANNING SEGMENT [9:48] Mike asks, “We are concerned about John Hancock’s future when it comes to our long-term care insurance. Can you help us understand what might happen?” [12:49] John asks, “How do I know the best way to manage my cash reserves and investments in bad markets?” [15:42] Eric asks, “Since market downturns usually average out over time why not invest entirely in equities?” [29:39] Why are bonds typically included in investment portfolios? TODAY’S SMART SPRINT SEGMENT [33:54] Two steps this week: #1 - Complete my survey in the 6 Shot Saturday email. #2 - Look for the ebook in 6 Shot Saturday, take a look at it. THE HAPPY LAB SEGMENT [35:20] Take some time to interact with family this holiday instead of getting stuck in front of the football games. RESOURCES MENTIONED IN THIS EPISODE Sign up for 6 Shot Saturday - text “SixShot” to “33444” Contact Roger: http://www.rogerwhitney.com/retirementanswers/ Roger’s retirement learning center: www.RogerWhitney.com/learn The Retirement Answer Man Facebook page: www.Facebook.com/RetirementAnswerMan
- Winsor Hoang, Author of "The Bull, The Bear, And The Baboon: FX Lessons Learned The Hard Way" - Please call 1-800-388-9700 for a free review of your financial portfolio
The largest and most liquid market in the world is not in stocks or bonds, but in the trading of one currency against another. If you learn how to trade foreign currencies, you can earn enormous profits no matter which direction the dollar moves against the euro, pound, yen and other major currencies. In this interview, Marshall Pruitt, the senior foreign exchange strategist for PremiereTrade, explains how the foreign exchange market works and how you as an investor can profit from up and down moves in the dollar.
The largest and most liquid market in the world is not in stocks or bonds, but in the trading of one currency against another. If you learn how to trade foreign currencies, you can earn enormous profits no matter which direction the dollar moves against the euro, pound, yen and other major currencies. In this interview, Marshall Pruitt, the senior foreign exchange strategist for PremiereTrade, explains how the foreign exchange market works and how you as an investor can profit from up and down moves in the dollar.