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Yes, really, the amount of value we add. At this point you should be able to see Sachs’ fallacy. cool fashion blogs of the globe, how much stuff we have to play with, does not limit the amount of value we can add. Thus continued ways to make money with a blog is entirely compatible with a finite physical system….even while the earth itself is not in fact a finite physical system.
These elements are part of a personal branding and perhaps even a ‘business plan’ approach for a sales person in the industry. They are great rules to work to.
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Forex traders often find themselves in a tight spot. Banks and major institutions have to keep cash on hand. If a stock investor sees a market-wide decline coming it can liquidate all or a portion of his or her stocks. Currency trading offers a different scenario. Just about everyone, from banks to private individuals, needs to keep cash on hand. It’s difficult, though not impossible, to get rid of all currency reserves, so traders can literally find themselves in the tight spot of having to chose a currency. When this is the case and the global economy looks to be on the verge of collapsing, the dollar suddenly looks like the safest investment on the market.
In Latin America the Spanish empire grew rich from gold in these newly conquered territories and European explorers were driven crazy searching for the fabled Eldorado with its abundance of gold.