(Tia goes over the changes in the stock market transactions now that the transfer of large sums of money can be transferred instantly with the advent of the Internet. This was a significant change and with the coming of a new century, she looks back at other changes that have taken place at other key points in history.) 

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Tia: let us look at the stock market and the reason for its rapid growth. Okay, let me see, how do I put this? Okay, the problems and the crises in foreign markets in the Orient are part of the reason for the wild, upward trend of the U.S. stock market. The investors in European countries and Asian countries that were invested within those markets have pulled out their finances and are investing in the U.S. market because A, the political system is hogtied and the government is not doing what it’s supposed to be doing which is running the country, it’s fighting amongst itself at the moment trying to remove or indict or…..yes? Or indict its leader. And this internal bickering and fighting and namby-pamby manhandling and the upcoming elections and so on are part of the reason why the market is on its upward trend. This is not unusual but, due to the fact that of the setup of the computer age, it makes it easier to track and move vast sums of money in a very short period of time. Instead of cabling, sending, going to a financier and so on which is the way that it used to be done before communication was almost instantaneous. A good example is sending electronic mail over the Internet. It takes a mere few seconds to send a message and to transfer large sums of money because of the global network. This in itself is a two-edged sword, it makes things swift and easy and it means also that negative things are swift and easy.

Russ: hmm.

(Tia speaks some Durondedunn)

Tia: you understand?

Russ: uh-huh.

Tia: do you have any questions?

Russ: well with this ease of transfer of funds, doesn’t that make it actually harder for people to control where the money is going?

Tia: in what way?

Russ: well I mean it makes it ripe for theft doesn’t it?

Tia: oh yes, yes it does and it does happen but they have their own safeguards, they being the banks. You see what actually happens is that when you transfer large sums of money, it actually doesn’t leave the country theoretically. Although the money is being transferred to buy stocks and stuff right? It doesn’t actually leave the country. It stays within the bank of that country that now owns those shares which in turn sells it to the investor and it all happens very, very quickly.

Russ: right, it’s just electronic money.

Tia: uh-huh. So what the banks are actually doing is using their reserves to buy where the reserves are kept in the United States those shares and in turn those shares are sold to the buyer through a broker so that they're actually buying the shares in their own country but overseas. And what is happening is that when they buy, the bank then goes with the money that they put in and buys the exact same amount in currency.

Russ: ohhh.

Tia: this stops theft.

Russ: hmmm.

Tia: or helps to prevent it. It’s a very tricky and convoluted system and it works extremely well which is quite surprising actually.

Russ: I agree with that.

Tia: uh-huh.

Russ: hmm, so basically fortunes are being made and broken every day right?

Tia: yes.

Russ: hmm and all on the basis of electronic money not real money.

Tia: correct. It’s the old adage of it's all paper, it’s all on paper.

Russ: right. Okay, when you say that things could go wrong very badly, that’s due to the fact that people could put in sell orders very quickly.

Tia: uh-huh, yes.

Russ: but now the safeguards are in to keep that from happening…..

Tia: uh-huh.

Russ: but at too fast a rate it will still continue.

Tia: correct and the thing that is still confusing me is why do they have these trading curves in? If they didn’t have the trading curves in, it would’ve reached 9,000 a few weeks ago.

Russ: well it started out at what point?

Tia: what do you mean?

Russ: it went down at one point and then started up to the point it's at now.

Tia: uh-huh.

Russ: what point did it start at, 3,000?

Tia: 7,500 was when it started the climb but it was slow to start off with, it was very jagged and slow and now within the last few of weeks it’s basically skyrocketed which is entertaining the fact that it dovetails very closely with what is going on in the White House.