You are missing the most important part of the definition of what of commodity is. It's about money. If you have a lot you can hoard commodities. If you have l

You are missing the most important part of the definition of what of commodity is. It's about money. If you have a lot you can hoard commodities. If you have little you'll die of thirst, hunger, exposure... > This seems ideal for important necessities like water, housing, food etc. On the contrary, such commodities are regulated almost everywhere in the world to limit hoarding and speculation.