I can't think of a quicker way of trashing the global economy as all the trillions in speculative capital are devalued at a stroke.

That state of affairs has attracted huge amounts of speculative capital into China, in anticipation that its government will soon allow the yuan to rise.

Such speculative capital is destabilizing - feeding, for example, a worrisome Chinese real estate bubble.

If banks hold peseta puts, they are less likely to dedicate more speculative capital to selling in the spot market, the reasoning goes.

Two and a half-minutes until landing, and speculative capital, as he well knew, was sometimes found in very odd places.

Secondly, speculative capital is extremely difficult to identify.

There is only one reference to the tax on flows of speculative capital - the so-called Tobin tax.

The world should not be hostage to speculative capital and raw material monopolies.

In the devaluation of speculative capital, everyone stands to lose; only the degree of the loss differs.

This measure could prevent the accumulation of speculative capital.