The voice coil's electromagnetic field reacts to the speaker's permanent magnet. That is how it converts electrical signals to mechanical ones. The phono cartridge does the same (in reverse—mechanical energy into electrical).Doesn't the voice coil operate in a very strong magnetic field? Beats me why whatever inductance/reactance would be created in the half inch or two of conduction in steel connectors would be close to the the effect of the magnetic field on the bazillion wires of the voice coil. And yes, I know that the voice coil wires may not be ferrous, but they are diamagetic or paramagnetic, copper and aluminum being the obvious possibilities. So there is interaction with the magnetic field - not much, but when we are getting the heebie jeebies about a binding post, let's go whole hog.
This is one of those Maxwell-Faraday things.
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