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I can't wait until someone tries to corner the market, holds a shitton of future onions, the onions go bad and the market implodes showing that future contracts
by PowerElectronix 2mo ago
I can't wait until someone tries to corner the market, holds a shitton of future onions, the onions go bad and the market implodes showing that future contracts on perishable items is generally a bad idea.
- dnautics 2mo agoFuture contracts on perishable items are executed all the time.
- chadgpt6 2mo agoThat's half the reason we have futures contracts. If they were only on nonperishable goods you could just buy the goods and store them in a warehouse. Futures contracts allow you to do something similar with perishables.