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HYPOTHESIS: Equitable Exchange Rates
The
philosophy and academic procedures currently used to define the
exchange rates, in both the spot and forward markets, are invalid
and do not control the determinations made by the traders who are
the major factors in establishing the rates based upon supply and
demand and their clients for the pertinent currency. It
is the trader who determines currency values based upon the need
to exchange one currency for another. Ergo, the determinant
is the supply and demand currency and not esoteric mathematics
based upon assumptions rather than reality. Equitable
Exchange Rates is proving that the major factors to establish
currency rates between the U.S. dollar and the British pound are
none other than the control by the traders. Having
proved the foregoing, the same approach is valid for any set of
currencies. Using the change in product
comparisons may be the way to go.
***To add to your
business library, the following "papers" are available
to accompany your book order:***
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A. Exchange Rate Investment Caveats
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B. Non-bond Financing for Municipal
Capital Assets
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C. Human resource critique
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D. Future of the Generalist (MENSA)
You may choose one of the of the above for each
book ordered - at no charge!
Email Dr. Nadel with your choice books@americas-university.org
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