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Politics : Politics for Pros- moderated
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To: Katelew who wrote (413272)2/26/2011 2:00:52 PM
From: Brumar892 Recommendations  Read Replies (1) of 794176
 
I don't think speculators are responsible for much of the rise in prices or are making people starve in poor countries ... there's a real change in demand associated with expanding use of biofuels. Seems to me that has to be bigger than temporary fluctuations caused by speculators.

I don't know how you make prices stop fluctuating. I can't imagine governments making any market change thats positive. Heck, I think government-imposed ethanol and biofuel mandates are a lot of whats driving the overall trend in ag commodities and thats more responsible for starvation in the 3rd world than someone speculating in commodities.
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