Moderator: Nicole Marie
Giant Communist Robot wrote:BigJon wrote:Umm, no. The function of speculators is to try to make money.
I meant economic function. What function are you referring to?
Giant Communist Robot wrote:BigJon wrote:So you don't believe that speculators behave irrationally at times and bid prices beyond all reason in the short term?
I don't know what belief has to do with it. I said we have no data and cannot know.
piqaboo wrote:Milk and gas cost about the same....Coca Cola costs more.
I'm pretty sure I'm in full agreement with you on the outcome, but I still wouldn't call it a function, more like an unintended consequence. I doubt anybody gets into trading by saying; "Hmm, let's see, what markets can I make more liquid today."
trading that appears irrational, certainly ill-informed
Shapley wrote:There's a place online that sells tuk-tuks from Thailand. Discounts for volume buying. Perhaps a bunch of us can get together and order a container load of them. Be the first in your neighborhood to own an authentic tuk-tuk.
If you decide you don't like it, you can probably unload it on the nearest Thai restaurant. It'd be a great gimmick for delivering Thai food!
Haggis@wk wrote:But that story is best saved until Nicole opens a "R" rated thread
Haggis@wk wrote:...But that story is best saved until Nicole opens a "R" rated thread
"Considering that you already told the story about the legless piper at breakfast, I rather wonder what you hold in reserve"
Haggis@wk wrote: The NIMBY crowd probably has as much to do with the price of gas as that mysterious cabal OT’s always going on about.
Face it, in a refinery vacuum there’s going to be someone to stand-up and fill the need, and we’ll end up paying for the additional cost of refining our gas in India
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