E Ray Canterbery – Wall Street Capitalism
Salepage : E Ray Canterbery – Wall Street Capitalism
Arichive : E Ray Canterbery – Wall Street Capitalism
Description
Size 14.1 MB
Breaking the chains of the bond market…
This book goes behind the headlines of the Wall Street Journal to unmask the “bondholding class”. Insulated from criticism by a self-serving ideology, the bondholders have redefined the indicators of economic well-being decidedly in Wall Street’s favor. Created out of the fiscal folly of Reaganomics, fortified by Federal Reserve officials, and patronized by the Clinton Administration, the bondholding class invented the “Goldilocks economy” (never too hot, never too cold). As this powerful class has amassed the greatest wealth in history, ordinary Americans have been losing ground to the ensuing global financial turbulence. In a tour de force, Ray Canterbery shows how the evaporation of personal savings — “the Angels share” — is as necessary to Wall Street capitalism as it is damaging to growth and wages on Main Street
What is forex trading?
Forex, or foreign exchange, can be explained as a network of buyers and sellers, who transfer currency between each other at an agreed price. It is the means by which individuals, companies and central banks convert one currency into another – if you have ever travelled abroad, then it is likely you have made a forex transaction.
While a lot of foreign exchange is done for practical purposes, the vast majority of currency conversion is undertaken with the aim of earning a profit. The amount of currency converted every day can make price movements of some currencies extremely volatile. It is this volatility that can make forex so attractive to traders: bringing about a greater chance of high profits, while also increasing the risk.
E Ray Canterbery – Wall Street Capitalism
Readmore About : E Ray Canterbery
Reviews
There are no reviews yet.