[–] [deleted] 0 points 6 points 6 points (+6|-0) ago
[–] [deleted] 1 point 1 point 2 points (+2|-1) ago
[–] carlos_ojeda [S] 0 points 4 points 4 points (+4|-0) ago
I miss-read your comment. No, I don't work for them. I am an active user of the website.
[–] carlos_ojeda [S] 0 points 1 point 1 point (+1|-0) ago
Them, as the people from the website?
[–] bio_matosis 0 points 3 points 3 points (+3|-0) ago
It's all an illusion :-/ I feel disappointment now, what am i going to do with my life
[–] [deleted] 1 point 1 point 2 points (+2|-1) ago
[–] carlos_ojeda [S] 0 points 4 points 4 points (+4|-0) ago
Especulation.... If they want to "cash" their money, they wouldn't be able to
[–] gtaftwin 1 point 7 points 8 points (+8|-1) ago (edited ago)
[–] [deleted] 0 points 3 points 3 points (+3|-0) ago
[–] SaneGoatiSwear 0 points 1 point 1 point (+1|-0) ago
correct. the bank of international standards put out a valuation of around 729 trillion dollars notional.
realistically, they've got around 5 trillion in, like, cash they could pull out - - theoretically, since that's the same amount as there is money on earth...
which is a serious mind fuck.
[–] SilverBanana 0 points 1 point 1 point (+1|-0) ago
Derivatives are counted from notional, not actual money changed. While large market, it is not this huge.
Most people do not understand how notional works.
[–] 3833330? ago
I don't see any reason to add that last sentence other than to be a condescending douche. You could just say "for those who don't know how this works..."