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Speculation
(redirected from Currency speculation)

   Also found in: Financial, Encyclopedia, Wikipedia 0.07 sec.

SPECULATION, contracts. The hope or desire of making a profit by the purchase and resale of a thing. Pard. Dr. Com. n. 12. The profit so made; as, be made a good speculation.


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For example, the literature on globalization has dealt in depth with the way currency speculation and the flow of finance capital has created economic difficulties for a governments around the world.
Though his currency speculation scheme was truly harebrained, Ponzi was not without his talents.
It argues that neoliberal ideology, decreasing state intervention, currency speculation and volatile financial markets have generated immense global poverty and dire social consequences all over Russia, Latin America, Africa and Asia, and calls for a reassessment of arguments around the introduction of the Tobin Tax.
 
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