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Game Over for FTX " Updated "
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<blockquote data-quote="oldschool" data-source="post: 1011146" data-attributes="member: 71262"><p>It's at its core just another form of speculation, which is one huge factor creating the huge wealth gap in countries worldwide, e.g. the crisis in agriculture driving out small and medium size farmers. See for instance <a href="https://www.nytimes.com/2022/11/13/us/politics/farmland-values-prices.html" target="_blank">Farmland Values Hit Record Highs, Pricing Out Farmers</a> </p><p></p><p>Speculators are the enemy even of the the classic capitalist. True capitalists are those who invest in order to produce actual goods or services. Speculators are only in it for the money and care not the least in creating anything of substance, driving up prices in all sectors of the economy. They are no friend to anyone. Word.</p></blockquote><p></p>
[QUOTE="oldschool, post: 1011146, member: 71262"] It's at its core just another form of speculation, which is one huge factor creating the huge wealth gap in countries worldwide, e.g. the crisis in agriculture driving out small and medium size farmers. See for instance [URL="https://www.nytimes.com/2022/11/13/us/politics/farmland-values-prices.html"]Farmland Values Hit Record Highs, Pricing Out Farmers[/URL] Speculators are the enemy even of the the classic capitalist. True capitalists are those who invest in order to produce actual goods or services. Speculators are only in it for the money and care not the least in creating anything of substance, driving up prices in all sectors of the economy. They are no friend to anyone. Word. [/QUOTE]
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