currency change

what are derivatives Advertising Space - After your Hub is published advertisements may be placed in this space. Trillions of dollars out there. First,i am a "know-it-nothing"in the big finance arena.I will never claim to be a banking expert,but i did sleep in a Holiday Inn a few times.The derivative topic is exciting because the experts have many diverse opinions on this subject..My opinion, the derivative is a unregulated bet on future market rates in many markets.It can be a strong gamble for the 'too big to fail banks' . Them cats could doink doink a whole country's economy.. Regulators are now saying to banks "no more bailout money or it is less likely." We a willa smacka your greesy fingas,lol. major holders of derivatives are:: $44.192 Trillion - Goldman Sachs $50.135 Trillion - Bank of America $52.102 Trillion – Citibank $70.151 Trillion – JP Morgan Chase Maybe they could buy the 16 trillion national debt with derivatives.That may be better than selling the debt to China. Do banks have the ability to pull trillions out thin air?
I will give you 50 derivatives for a tank of gas ,bro. Currecy derivatives. Companies buy currency forwards in order to limit losses due to fluctuations in the exchange rate of two currencies.(Who said "global business is a bit complicated.") Smart thinking,it is a great way to hedge ,because international companies do not control the Forex market. I think that central banks do have some control of currency markets but that is a whole new hub.My opinion global currency is a changin' big time.Funny how banks do not broadcast the overall size of the derivatives bets that have led to large losses. bankers working hard on derivatives bankers working hard on derivatives Source: bu2u Something is queer in Denmark and the rest of the globe Now ,when watching the news one will see quick quips that makes one say,"that is such a hoot." For fun,Google the word Libor to see how some of our banker pals operate.If i hear on the new 1 more time that the U.S. is not happy with China's monetary policy .I SHALL PULL MY HAIR OUT and fortunately i don't have much hair. The news say this European nation is broke and this nation is about done.Something just keep giving help to broke countries from someplace . I READ a senator Bernie Sanders article about the Fed giving trillions to big foreign bizzes and countries. He was the only one in Washington wanting answers.The media just gave that story a yawn. Who has the financial heat for the global bailouts? Why is there such a strange stability in some markets? New monetary system I do not know how many times My friend banker Bob,says a fiat currency system is unsustainable. Banker Bob said when currency was backed by gold, we had something.Could this be something to do with a NEW monetary system ? This Reporter eludes to a Financial System Changeover: .Banker B says that many small banks will be Basel 3 compliant . He states that the big banks (because of derivatives) are going to have a hard time to be Basel 3.He stated banks are to B3 by 2014.This is his opinion what is coming in the future money. It is a total shift in currency and digital currency.Instead of the Fed ,we will have U.S treasury notes here.His speculation is that currency of a nation is going to backed by value, (like gold .silver diamonds,agriculture and yes oil and coal, natural gas, maybe even intellectual properties).The time is now to get away from over leveraged banks and fake funny money products.Is banker BOB correct ?Banks do not steal money,people in banks do.. Bankers are slick Source: looking for jokes