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Why is speculating in food bad? Futures markets feature in explanations of why economies without centralized planning are the ones that never have famines.
by rz2k 9y ago
Why is speculating in food bad? Futures markets feature in explanations of why economies without centralized planning are the ones that never have famines.
- icebraining 9y agoLike I noted at the bottom, I just used parent's example, I don't necessarily agree with it.
- blablabla123 9y agoOk this might have been a bad example. I'm aware that Futures historically play a role of an insurance for food producers. Are those then by volume the major part of so called food speculation?
- smokeyj 9y agoThis HN. Capitalism baaad, UBI goood.