wrong solution. ending globalisation is the only solution to this and many other problems. if we take things like feeding ourselves and our neighbors back into our own hands, it will begin to solve our problems. laws do nothing and I don't make the laws, so why in space would I follow them.
@SuzeSaunts We had email actions on the EU regulation in June and July 2011, and we will have similar actions on the Markets in Financial Instruments Directive (MiFID) revision in 2012, all current information on makefinancework(dot)org. Of course, you can always write to your MPs and MEPs in order to push them for this issue. Or you can inform other people about the issue. And, in case your bank, insurance or pension fund is involved in food speculation, you can write to them.
This is rubbish. OK so last year there was a shortage of grain because of weather conditions therefore the futures traders made money. What if this year there was a glut of grain then the futures traders would have to sell grain at a loss.
If they wanted to manipulate the market by creating a shortage of grain to boost prices they would have to store the grain which costs money and there is only capacity for one year´s harvest so the whole premise of this video makes no sense
@ifirean The video does not state that speculators always make profits. Indeed, many people also can loose money with this but this is just another argument why ordinary people should not invest in this. Surely, the biggest winners are the banks.
There are more ways how futures can influence cash prices than by encouraging stockpiling. Many cash commodtiy prices are simply fixed to futures prices because the latter are said to discover the prices more quickly.
@ifirean you idiot they always take this reasons to speculate and to make profits of completely overreact prices by the markets
and the media goes all along with this rubbbish, its the same with oil prices they are over speculated because of the shortage of oil instead to have a price that should be more real, we have the same seen in the crisis where both food and natural recourses went down because the speculation bubble explode,
wrong solution. ending globalisation is the only solution to this and many other problems. if we take things like feeding ourselves and our neighbors back into our own hands, it will begin to solve our problems. laws do nothing and I don't make the laws, so why in space would I follow them.
ebrew1 4 months ago
@ebrew1 right on
Daydream2142 3 months ago
Help how exactly? What are you asking us to do? Is there a campaign action?!
SuzeSaunts 5 months ago
@SuzeSaunts We had email actions on the EU regulation in June and July 2011, and we will have similar actions on the Markets in Financial Instruments Directive (MiFID) revision in 2012, all current information on makefinancework(dot)org. Of course, you can always write to your MPs and MEPs in order to push them for this issue. Or you can inform other people about the issue. And, in case your bank, insurance or pension fund is involved in food speculation, you can write to them.
WEEDnetz 5 months ago
Oil is the key for these spikes. Compare Brent performance with the food prices index and you'll se the overlap.
IOIOIOIOIOIOIOIOIOIO 5 months ago
This is rubbish. OK so last year there was a shortage of grain because of weather conditions therefore the futures traders made money. What if this year there was a glut of grain then the futures traders would have to sell grain at a loss.
If they wanted to manipulate the market by creating a shortage of grain to boost prices they would have to store the grain which costs money and there is only capacity for one year´s harvest so the whole premise of this video makes no sense
ifirean 5 months ago
@ifirean The video does not state that speculators always make profits. Indeed, many people also can loose money with this but this is just another argument why ordinary people should not invest in this. Surely, the biggest winners are the banks.
There are more ways how futures can influence cash prices than by encouraging stockpiling. Many cash commodtiy prices are simply fixed to futures prices because the latter are said to discover the prices more quickly.
WEEDnetz 5 months ago
@ifirean you idiot they always take this reasons to speculate and to make profits of completely overreact prices by the markets
and the media goes all along with this rubbbish, its the same with oil prices they are over speculated because of the shortage of oil instead to have a price that should be more real, we have the same seen in the crisis where both food and natural recourses went down because the speculation bubble explode,
keep living in your reality you sheep
meProudToBeCaucasian 1 month ago
Videos like this need to be required high school level knowledge.
Thisishappening 5 months ago
Thanks for the Info ;-)
tenshady 5 months ago
Danke für die Übersetzung!
Französisch und spanisch könnten das über Afrika und Südamerika verbreiten, schneller.
RegioLunar 6 months ago