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Episode 243: The Nature of Exchange, pt. 1

Words & Numbers

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What's the Problem With Speculators?

The real problem with the market was the sanitizer business. The store was selling it at an artificially low price. That sent two perverse signals, one to consumers and another to producers. And what this guy did in buying up the hand sanitizer then turning around and selling it at a profit was sending the right price signal.

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