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Old September 10th 11, 01:41 PM posted to rec.radio.shortwave
dave dave is offline
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First recorded activity by RadioBanter: Jan 2009
Posts: 5,185
Default Derivatives were side bets used to hedge

wrote:

On Sep 9, 5:48*pm, (J R) wrote:
A few nights ago I was surfing the tee vee channels.Michael Moore (the
fat obese film maker dude) was strolling around a couple of towns.He
asked some so-called 'experts' to describe/explain what Derivatives are
all about.None of those so-called 'experts' could explain what
Derivatives are.
cuhulin


See: Calculus I.


Originally, so farmers could smooth their incomes (agricultural
commodities) and transportation companies and manufacturers could
somewhat control expenses going forward (metals and fuel), there was a
rational commodities futures trading system. Deregulation has turned it
into Kentucky night at a Casino, with free meth crystal in the drinking
fountains.

There is so much wrong here, the USA is a TuDSO