a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by user-inactivated
user-inactivated  ·  2991 days ago  ·  link  ·    ·  parent  ·  post: Theories emerge for pound's 'flash crash' against dollar

Oh. Ok. So people don't invest in money like stocks and bonds, they just try to make money converting one value to another. I guess that doesn't sound too bad.





mk  ·  2991 days ago  ·  link  ·  

That's right. But the truth is, there's very little difference in practice.

user-inactivated  ·  2991 days ago  ·  link  ·  

Is this speculation part of the reason why currencies can collapse completely? Or is that more about the governments behind the currencies?