NewsWhore
04-10-2012, 06:50 PM
Milton Friedman Proved Wrong by Aluminum Market (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFSbgw7lmP-BGZiOfD1jIkYrrwAOw&url=http://www.bloomberg.com/news/2012-04-10/milton-friedman-proved-wrong-by-aluminum-market.html)
Bloomberg
... destabilizing seldom realize that this is largely equivalent to saying that speculators lose money, since speculation can be destabilizing in general only if speculators on the average sell when the currency is low in price and buy when it is high.
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[url=http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFSbgw7lmP-BGZiOfD1jIkYrrwAOw&url=http://www.bloomberg.com/news/2012-04-10/milton-friedman-proved-wrong-by-aluminum-market.html]More... (http://news.google.com/news/more?ned=us&ncl=deiuDB1-tRGXiZM)
Bloomberg
... destabilizing seldom realize that this is largely equivalent to saying that speculators lose money, since speculation can be destabilizing in general only if speculators on the average sell when the currency is low in price and buy when it is high.
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[url=http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFSbgw7lmP-BGZiOfD1jIkYrrwAOw&url=http://www.bloomberg.com/news/2012-04-10/milton-friedman-proved-wrong-by-aluminum-market.html]More... (http://news.google.com/news/more?ned=us&ncl=deiuDB1-tRGXiZM)