Business is Awesome: Currency trading

Business is Awesome.  You know it, I know it.  This series is where I write about it.

Everyone knows how shops work. You go into a shop, you choose things that you want, you exchange those goods for a given amount of money. Everyone is a winner – you have a product or service you want, and the retailer or service provider gets the money they need.  Simple.

What if I told you that you could use money, to buy money, that was somehow worth more money than the money you used to buy the money?

I’ll hold on a second while you read that back.

I know right?! That seems crazy! But that’s what Currency Traders do every day.  They somehow turn money into more money just by buying money!

I will admit that I’m not that clear on the details, but regardless, this is just another way in which Business is Awesome.  Making money by buying money? What will they think of next.

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