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Speculators are reviled in the media and by politicians and academics. Yet the speculators are the ones taking risks to ensure the rest of us can have more economic certainty.
Original Article: "Hail the Speculators! They Take the Necessary Economic Risks in Our Economy"
J.W. Rich is an economics student and writer in Charlotte, North Carolina. You can find his other writings on his blog at thejwrich.medium.com.