Arbitrage, Interest, & Exchange Rates

cropped-bob-shapiro.jpg   By Bob Shapiro

Arbitrage is an unfamiliar term. However, our Economy depends on it for every transaction. The simplest explanation is buying cheap in one market and selling higher in another market.

Everyday, you sell your productive work time in exchange for the necessities, and luxuries, of life. You wouldn’t do it unless you believed that your time was of cheaper value – to you – than the things you exchange it for.

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