Speculation is a weakness for one as a consumer, but it is an opportunity for traders or entrepreneurs, since it comes into play to take advantage of the following way reader friend, thanks to the fluctuation of prices time determined according to the investment of a capital when it is acquired or bought cheap and sold expensive, so you can manipulate prices and increase the supply of the good or service at the highest possible price.
From my point of view it is also a commercial strategy of buying and selling, but doing it in the least possible time to rotate the capital or financial assets to acquire good goods and services to offer to obtain economic advantage, something very important that as I mentioned when exercising speculation must be taken into account the analysis of the market where it will be offered, trying to make the sale transaction as quickly as possible because it has its risk, since in free market there will be other competitors who play with prices.
This economic activity has been going on for a long time, to the point that it is done in a more professional and technical way as in the stock market, where brokers know the moment to buy cheaper shares and then fatten them and sell them more expensive to have better dividends or economic benefits, its essence seeks a very short term benefit that adjusts to inflation levels.
As it affects an economic model within its economy, because speculation, has the following financial figure is only a capital that is invested in the financial markets and not in the real economy or own of the economic activity, for the case of Venezuela is lived every day by the fluctuating changes of the dollar, vary every day the prices of goods and services, in another market that is made transactions with cash of the dollar telo receive below the exchange rate of the day.
Another way that affects the economy is that many traders speculate their goods and manage to sell them in dollars, but that dollar is not invested directly in the economy, but rather in another country close to the border, which causes inflation by a direct capital flight affecting the monetary liquidity of the currency in circulation.