Disliked{quote} The fact is that interest based economies are bound to fail. The only way to solid progress is equity based economies. I say this as a finance person regardlless of what followers of Mohammad believe. He too was a trader and understood economics anyway. Once said that, let me explain how this vicious circle of interest works. There are 100 dollars in circulation. I have all 100 dollars and give those 100 dollars on 20% interest to someone. At the end of the year, currency in circulation is still 100 dollars and that person is obviously not...Ignored
Knowing this would help any retail trader making a living trading currencies?
Wherever you go, there you are.