Aren't financial futures and options markets just serving a speculative buildup of asset prices fueled by greed?

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Aren't financial futures and options markets just serving a speculative buildup of asset prices fueled by greed?
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Principles of Money Banking and Financial Markets

ISBN: 978-0321339195

12th edition

Authors: Lawrence S. Ritter, William L. Silber, Gregory F. Udell

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