Published in Overland Issue 211 Winter 2013 Uncategorized Three Lessons from a Market Economy Angela Gardner I How to save money by buying On the radio at waking someone from London explains it was the Interbank rate that was manipulated — oh well, that’s all right then, the economy of Ancient Rome was fragile also — not enough cash. Before quantitative easing Suetonius wrote that the Roman general Vitellius financed an entire military campaign by selling just one of his mother’s pearl earrings. These things, so distasteful at the time, are sometimes necessary in order to get ahead. I am all at sea just like that tv show Someone and Eva Cruise the Med (his name also with an E seemed memorable until I tried to remember it). With Camilla Plots Against Kate I’m on firmer ground. The Romans: Emperors, sisters, wives, mothers, now they really knew how to plot. Imagine the headlines if Agrippina, handy with poisons, got hold of Diphacinone. But I digress, back to the economy: slaves were cheap and plentiful and the coinage worth less than face value. II Easy ways to make money in rebounding industrial stocks Suetonius, though scrupulously exact, took omens seriously Are the DAX are up or down? The finance report most mornings is a good way to start the day. Back in the Ancient World, most trade was maritime: grain from Egypt, tin from Cornwall, olive oil from Spain. There was an incident where Julius Caesar was ransomed by pirates – hey we all know that feeling. Light trading day, wind hardly in the sails, but out to conquer the world and bam! He took exception to the price on his head tried to talk them up – and even now cash continues to out-perform. In the market a gentleman’s word is his bond so when he promised to crucify them he really meant it. He wasn’t talking debt syndicates ascribing upside price action to short covering. No, he was talking nailing the bastards to a plank of wood and then some. And he did. Word is my bond, standard punishment. My bloody oath. III How to trade Forex like a pro in under an hour Remember when people used to collect bank-notes? – a nice hobby for children, foreign travel without the risk – my brother had a glass jar filled with foreign coins. Take the as, made of copper, could buy a pound of bread, a litre of cheap wine or apparently if you believe the graffiti the services of a very cheap prostitute. That would hit the news even before forensic audits or corporate credit card fraud very cheap does sound bad. It’s that move from theoretical to real with consequences that could bite you in the as. Suetonius again, this time about Julius Caesar: who at a statue of Alexander the Great (in Spain) fell to his knees weeping, jealous that Alexander, at his age, had conquered the world. That’s what it’s like in Forex some young trader gets there before you and calls his high probability system: informed decision-making. But then young Julius was first to put his living image on coins: a move designed to put him right back on top. Angela Gardner Angela Gardner practices as a poet and a visual artist and is currently Australian Poetry’s Cafe Poet in Residence at GOMA. More by Angela Gardner Overland is a not-for-profit magazine with a proud history of supporting writers, and publishing ideas and voices often excluded from other places. If you like this piece, or support Overland’s work in general, please subscribe or donate. Related articles & Essays First published in Overland Issue 228 27 January 2023 Cartoons In attacking us, they bring us together Sam Wallman 'What these bosses don't understand is that in attacking us, they bring us together.' (Paddy Crumlin, Maritime Union of Australia, Svitzer Rally November 2022) 2 First published in Overland Issue 228 24 January 202325 January 2023 Politics The end of the politics of care Giovanni Tiso The daily spectacle of televised briefings was not unique to New Zealand, and it may simply be the case that Ardern thrived when given the opportunity to speak to the public directly—in other words, that she was better than others at it. Alternatively, we could say that her rhetoric found in the pandemic the ground on which to turn into concrete action. Either way, the benefits we derived in terms of lives saved from the remarkable extension of that social license are literally incalculable.