Fibbing Friday: defining monetary terms

  1. In the world of international finance, what do the abbreviations, USD and GBP stand for? USD stands for Use (the) Stocks, Darling and GBP stands for Good Bonding Place. See number 3.
  2. What exactly is cryptocurrency? Currency that is cryptic and actually invisible, as well as unstable. You can’t hold it, you can’t touch it and it only exists as long as the servers have current. That why it is called currency. Once the current is off the cryptocurrency disappears.
  3. What is the difference between stocks and bonds? Stocks are immobile, usually made of wood, and are not all that common now, except in really retro BDSM dungeons. Bonds are very mobile and can be made of velvet, or metal as in handcuffs, or nearly anything that you can tie someone up with. Wire and barbed wire are not ok. Use the safe word.
  4. What is meant by a “bull” market? This is a market that sells a lot of bull. It is very very common.
  5. What is meant by a “bear” market? This is when the bears show up and devour all the bulls.
  6. What is a stock split? Usually one uses an ax or a chainsaw to demolish stocks. Rarely, those demolition people who blow up buildings are called upon, but this does not leave neat halves. Stock splits are often the product of either a divorce or the sale of the building holding the retro BDSM dungeon.
  7. What exactly is crowdfunding? My favorite crowdfun involves the pop up singing where one person starts singing and it turns out that the entire chorus is standing around in a crowd. Flash mobs! Some people prefer demonstrations or driving a lot of trucks around the beltway. I do not think storming the Capitol is a good crowdfun.
  8. What is a pension? These no longer exist in the US.
  9. What is a 401(k)? 410K is the number right before the answer to the universe, number 42. Once we reach 41, everyone says OK, because 42 is next.
  10. What is day trading? Trading that does not occur at night.

For Fibbing Friday.

Flashmob:

2 thoughts on “Fibbing Friday: defining monetary terms

  1. bushboy says:

    A good fun video :)

  2. lois says:

    Thank you simplifying this. So much easier to understand now! 😆

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