Monday, February 27, 2012

Exchange for the lowlanders' fish and vice versa


Exchange for the lowlanders' fish and vice versa
Eons of age ago, men survived to their own by hunting the wild and harvesting fruit trees.  Later, they found the beauty of “exchange” or what we now aptly call “trade.”  The highlanders brought chicken to the lowand in exchange for the lowlanders' fish and vice versa.  Later on, the exchange got a little sophisticated with the trading of precious stones which eventually gave birth to the concept of buying.  As buying and trading started to become profit-earning instruments, men assigned values to paper and coins which were lighter and easier to trade.  Currency was born and the financial world was never the same again.  As trading and businesses thrived for centuries among nations, men did not miss the art of making money in the exchange of foreign currency through the Foreign Exchange Market or what we briefly call Forex.
            
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