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Speculation and intermediary operations

Transaction costs tend to be decreased, prices to consumers are classically stabilized and lowered, and economy-wide efficiency is generally improved through: (1) rigid wage and price controls. (2) central planning that fosters monopolies. (3) speculation and other “intermediary” operations. (4) quick inflation and high unemployment. (5) the typical theory of efficient markets.

Hello guys I want your advice. Please recommend some views for above economics problems.

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