Nana, Direct Internal connection to God, WWG1WWA, MAGA, Angels are here already #FightLikeGodIsBesideYou
Banks are not and have never been our fren.
https://www.youtube.com/watch?v=mjMFwewWVMA
CRITICAL! The FDIC Just Gave A DIRE Warning To All Americans!!! - YouTube
1. Take My Finance Course Here & Learn How To Build 'Long-Term' Wealth - https://bit.ly/3qzW4ZB2. Join Our *AMAZING* 'Awake' Tribe Here! - https://bit.ly/3pL...
May you trust God that you are exactly where you are meant to be. May you not forget the infinite possibilities that are born of faith.
Gambling at it’s finest.
I am a Information Treasure Hunter. I was sent to earth to teach Love and Kindness
What Is a Derivative?
The term derivative refers to a type of financial contract whose value is dependent on an underlying asset, group of assets, or benchmark. A derivative is set between two or more parties that can trade on an exchange or over-the-counter (OTC).
These contracts can be used to trade any number of assets and carry their own risks. Prices for derivatives derive from fluctuations in the underlying asset. These financial securities are commonly used to access certain markets and may be traded to hedge against risk. Derivatives can be used to either mitigate risk (hedging) or assume risk with the expectation of commensurate reward (speculation). Derivatives can move risk (and the accompanying rewards) from the risk-averse to the risk seekers.
Familiar with them in the mining industry. You are betting against the bank(s) that the price of the commodity will go up/down. Whichever loses the bet, pays the differnce.
All fun and games until you find out years later, [they] were rigging the markets!
https://www.cfr.org/backgrounder/understanding-libor-scandal
Understanding the Libor Scandal | Council on Foreign Relations
The manipulation of interbank lending rates by a host of global financial institutions could have significant repercussions for financial markets, consumer loans, and regulatory policy.
https://www.cfr.org/backgrounder/understanding-libor-scandal
