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Is it speculation by not participating in a market that has rapidly inflated? I think that's stretching the economic meaning of "speculation".
by beebmam 9y ago
Is it speculation by not participating in a market that has rapidly inflated? I think that's stretching the economic meaning of "speculation".
- mywittyname 9y agoIt's speculating to, well, speculate on rapid changes in the near-term price of an asset, regardless of the direction of the speculation. So if you mean to imply that the rapid inflation will be followed by a rapid contraction, then that's speculating in my eyes.