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Economy

Warren Stupidity

(48,181 posts)

1. Commodity speculation by financial institutions results in price volatility and

Reply to Owlet (Original post)

Mon Feb 27, 2012, 08:46 AM

Feb 2012

a disconnect between price, production, and consumption. Speculation in the US was highly regulated from 1936 until the barn doors were opened to the usual wall street banksters in the 90's. The consequences of deregulation in commodity speculation are obvious and of benefit to nobody except the .01%.

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How to be an oil futures speculator [View all] Owlet Feb 2012 OP

Commodity speculation by financial institutions results in price volatility and Warren Stupidity Feb 2012 #1

Exactly right! And so concisely said! MarkCharles Feb 2012 #2