Only 3 of the top 10 companies on the SNP are not based on speculation, the entire US economy is based on speculation. The fed uses speculation to determine the value of the dollar.
Capitalism IS speculation, exchange of goods is just supply and demand.
Products: Apple
Products: Microsoft
Retailer (speculation): Amazon
Products (hated): Tesla
Tech Investment (speculation): Alphabet
Tech investment (speculation) Alphabet
Real Estate (speculation) Berkshire Hathaway
Insurance (corruption/speculation) UnitedHealth Group
Social Media Advertising (Speculation): Meta
The entire capitalist economy is based on the concept of SPECULATION not exchange of goods.
Just saying.
|