Episode 138: Vaping, Firearms, and the Leading Causes of Death in the US
Words & Numbers
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Introduction
Politicians are demonizing speculators, which is always the prelude to taxing somebody. Speculators perform despite the fact they don't intend to. They act as conduits of new information into prices. When you have lots of speculators in the market performing this kind of action, it disperses profits that would otherwise go to insiders.
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