Why does the price of anything change? Forget the fancy things we trade like currencies, stocks, or commodity futures, but why does anything change in price? In fact, back up one more step: Why does anything even have a price to begin with? If you haven't taken time to devote yourself to learning this topic, you're leaving a giant hole in your knowledge base. It means that you're currently attempting to make a profit from the change in price of something without even knowing why its price is changing. It will take some time to help explain this concept from the ground up, but it will be well worth your patience. To start, I'm going to take you back in time. It's a time where there are no computers, no phones, no communication devices of any kind. If you need to interact with somebody, you'll have to meet them face-to-face. Because of this, any exchange of goods or services (food, clothing, house cleaning, anything) has to be done directly from one individual to another and that has to happen in person.During this time, there are no such things as stocks, bonds, options, equities, or futures, and the only currency is called a “florp”. Florps are a universal currency used by everybod…
