: Difference between revisions
first part of the book read |
No edit summary |
||
| Line 9: | Line 9: | ||
Did you know that the first exchanges formed in [[Netherland]] in the 15th century, where traders of commodities gathered to exchange their wares. Due to the expenses and timelosses caused by travelling soon they adapted a system where selling and buying orders were sent by mail and the actual transfer of goods was distinguished from the trading of the goods. Thus the modern model of [[commodity]] markets was born. | Did you know that the first exchanges formed in [[Netherland]] in the 15th century, where traders of commodities gathered to exchange their wares. Due to the expenses and timelosses caused by travelling soon they adapted a system where selling and buying orders were sent by mail and the actual transfer of goods was distinguished from the trading of the goods. Thus the modern model of [[commodity]] markets was born. | ||
to | [[w:List of traded commodities|Commodity exchange]]s were operating in same Bourses as [[Stock exchange]]s and the distinction was unclear to the major population at the time which enabled some people to sell stocks at overly high prices by claiming too high yields as in yields of current stocks, not the speculative price change that is triggered by mass-psychosis. I mean that do you know of a finance minister that would claim to believe that certain stocks will go down? | ||