Your Bankster Word of the Day: Carry Trade and how it relates to the LIBOR and Why New Zealand Could be The Next Currency of The Month

Well, actually they are two words but the meaning I want to explain to you comes into existing by combining the two. (Currency) Carry trade= The practice of borrowing cheap money from countries where interest rates are low, converting it to another currency and buying high interest assets. Example= A trader borrows a 1000 yen, […]