Food, Speculation and Parasitical Trading

Bart Chilton Pt.2: Massive spikes in price of food, oil, natural gas and silver can not be the result of supply and demand

Category:

News & Politics

Tags:

• Food
• Speculation
• Parasitical
• Trading
• Bart
• Chilton
• oil
• natural
• gas
• silver
• supply
• and
• demand

[workwillfreeyou]

Thanks Bart. And great interview Paul. Good luck Bart. Let me see, you have 600 people. The traders have 10s of thousands. And playing with possibly 600 trillion dollars. Then there is the U.S. congress that side with these traders every time. Like I said Good Luck!

[blackiron60]

@BroBroDude The only solution is revolution, whereby the state will become OUR tool and not theirs.

[Budguy68]

@aplacefaraway

could have something to do with the wars in the middle east which happened too. You leftist are just giving more and more power to the government. Regulation simply Equals more control for them.

[DrakeIcn]

Oh God. Tens of thousands mathematicians, that could like, instead of destroying the food market and such, figure out the theory of everything, or solve the string theory, or come up with better trajectories for space shuttles to make Mars colonization or something I dunno, I am not a mathematician.

Anyway, my point is that it is a great intellectual waste, and that is the real tragedy here, even more tragic than the socioeconomic damage that is caused.

[aplacefaraway]

@Budguy68 you cannot explain the near doubling of the price of gas in the last year. what regulation was put in place to cause dramatic change in the last year?? of course there's inflation, but the gas price rose too fast for this to be merely inflation. a steady gov tax wouldn't cause this kind of spike either...explain exactly what law or tax was put in place to cause such a dramatic rise last year and i might believe you...

[Budguy68]

@aplacefaraway

Dude, You're just another obama voter... There are many like you. What do you think happens when the government prints too much money, do things cost less? Or when they regulate the oil industry too much and make it harder for them to do their job? What do you think happens when the Gov charged 20% Tax at the pump? You see thats why youre an idiot.

[aplacefaraway]

@Budguy68 Hahaha you obviously don't get it. Just keep smoking man...don't think too hard you might hurt yourself :D

[Budguy68]

@aplacefaraway

How about don't say and just shut the fuck up instead. Oil Prices go up because of government regulation.

[sirellyn]

This is idiotic. Prices are going up from inflation. Period. People don't even know how speculation even works if they think every single commodity and energy product can go up at the same time for around the same amount and it's simply just "speculation coincidence"

The Fed is printing more money and the G20 meetings have had most governments accept with one another to inflate their currencies at roughly the same rate.

What historical speculation was remotely close to this?

[sirellyn]

@elbowbiter1 All those I've seen advocate for "free markets" also advocate for strong policing of fraud and theft. Just not preemptive policing. The crime has to be done first, and then you go after them viciously. And anyone can do so.

In fact the same people are asking why the heck aren't any fraud or theft laws being used on the banks, or big corporations, or even the government when it commits fraud or theft.

Free market people advocate simple rule of law against fraud and theft.

[elbowbiter1]

@BroBroDude I say anarchy because that is what is ment by free markets. Most free market koolaid drinkers would never describe themselves as anarchists... but they sure believe in anarchy when it comes to the market place. I find it quite bizarre. You see the power mongers that be will be able to finalize their stranglehold and build monopolies in your anarchal markets. Why do you think it will be such a paradice for the little guy, that's the cyonide in the koolaid.

[sdomas]

@BroBroDude While there a millions of loopholes corporations use to gain unfair advantage over competition, there are only few fundamental problems. Politics will never be corruption free no mater what the political system, however if certain rules are in place (e.g. public only politics funding, guaranteed right to gather for protest) the system is quite effective.