4 ms·

> Speculation is a zero-sum activity between speculators I agree. > any individual seller's gain is some other seller's loss I disagree. A farmer can sell to

by jeromec 16y ago

> Speculation is a zero-sum activity between speculators I agree. > any individual seller's gain is some other seller's loss I disagree. A farmer can sell to a grocer and both can gain.

chc 16y ago
I think you don't disagree. The grocer is not in a seller in the same ecosystem as the farmer. The grocer is one of the external people who benefits from the zero-sum game the farmers are playing.
- wooster 16y ago
  Farming is pretty much the opposite of a zero sum game.
  - chc 16y ago
    The growing part isn't, but the selling part can be seen that way in the right conditions. I agree, though, it isn't the example I would have chosen.