Derivatives Explained   This is a cogent and easily understandable explanation.  Not all derivatives are gambling.  Derivatives allow for a stable market in commodities.  It’s only when you get into the more exotic stuff that it becomes reckless gambling.  Today’s estimate is that there are over 1 1/2 Quadrillion dollars in derivatives.  That’s more than the entire world’s gross product (WGP)!

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