“speculators..make economic progress possible”

“not arguing speculators create things”

whatever meaning you are assigning to these words is incoherent.

trading doesn’t create value

trading distorts true price signals

jor stated that fact without using the word speculator, and you jumped in to defend the speculator. you are having a conversation with yourself it seems.

trading doesn’t create value

i’m sorry that offends you, but it’s true