Thousand Years of Hedging History, Part 1

This article will bring you through the evolution of hedging, from natural risks to single-point measurement risks, and regionalization risks. Following, it will also discuss regionalized hedging and the emergence of hedging with gold.    “……(usury), which makes a gain out of money itself, and not from the natural object of it. For money was intended to be used in exchange, but not to increase at interest.” – Aristotle In the previous article, “An Observation on Crypto Cycles: Are you ready for the periodic inflection point”, we emphasized that when the financial crisis occurs, people tend to hedge their risk by…...