All speculation is bad. A transport company at least moves the good from one place to another. All a speculator does is move a good from one time to later time, reducing the ability for humanity to use things when they are more useful. A speculator adds no value, creates no inventions, consumes energy for no gain, and are the definition of useless eater. Kill them all.
Imagine playing a 4x game, and all your resources are controlled by speculators. You would fall so far behind as they hold on to a resource waiting for a better price.
Edit:
aid in price discovery
I need to add that the price of everything is infinite when speculators have their way. Just observe the Boomers throwing everything their parents built away just to live another few months.
All speculation is bad. A transport company at least moves the good from one place to another. All a speculator does is move a good from one time to later time, reducing the ability for humanity to use things when they are more useful. A speculator adds no value, creates no inventions, consumes energy for no gain, and are the definition of useless eater. Kill them all.
Imagine playing a 4x game, and all your resources are controlled by speculators. You would fall so far behind as they hold on to a resource waiting for a better price.