Coffee Links 3-12-2012

Posted from Diigo. The rest of my favorite links are here.

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Expert in business development, product development, and direct marketing. Developed strategic sales plans, product innovations, and business plans for multiple companies. Conceived the patent pending Spot Equivalent Futures (SEF) mechanism, which allows true replication of spot and swap like products in the futures space.

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4 years 1 month ago

“Using the Yuan for oil trading. Swweeeet. h/t MMT Trader”

One reason people hold dollars or Treasuries is that they have a contract to buy oil in dollars at a future date. So trading oil in dollars increases the demand for dollars. If people stop trading oil in dollars the demand for dollars will go down. If the demand for dollars goes down the value will go down. Why is this “Swweeeet”?

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