WOCU White Paper - 'The Currency Shock Absorber'
WDX publishes a further whitepaper. Named “The currency shock absorber”, this white paper analyses and demonstrates the use of the he WOCU in three concrete examples and draws overall conclusions.
The perception of the World Currency Basket as a new aid to trade is summed up as follows : -
“The long term effect might be moving away from a 1-1 system of international payments towards a hub and spoke where the only currency to worry about is your own. Now when this happens the WOCU will become the benign derivative that has changed the financial order of world trade.”
Andy Slater, WDX Director of Sales says that “by virtue of deep analysis and an open statistical approach Silvano Stagni has independently re-verified the WOCU’s qualities and developed the picture of how the WOCU may be applied”.