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The Language of Currencies
It is nothing new that trading in the form of money is not an easy term to understand. To explain it in the simplest of terms, trading money or rather buying currencies is similar to buying stocks or shares of a company. The value of the stock bought determines the value of the currency and the health of that country's economy. A Simple Example Suppose you buy a stock in the Japanese market, rather you buy some yens by trading your own currency. By buying a particular amount of yen, you are...
Toxie's In a Museum
by David Kestenbaum courtesy Museum of the City of New York Toxie, Planet Money's toxic asset, has a new home. She used to sit in my desk drawer ? 300 some...
How To Get A Celebrity Endorsement From The Queen Of England
Hulton Archive/Getty Images Queen Charlotte Sophia, wife of King George III and the original celebrity endorser. This week in the New York Times Magazine, Adam Davidson writes about companies that spend a fortune on marketing to signal to shoppers that they have money to...
The Language of Currencies
It is nothing new that trading in the form of money is not an easy term to understand. To explain it in the simplest of terms, trading money or rather buying currencies is similar to buying stocks or shares of a company. The value of the stock bought determines the value of the currency and the health of that country's economy. A Simple Example Suppose you buy a stock in the Japanese market, rather you buy some yens by trading your own currency. By buying a particular amount of yen, you are...
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