There is a glut of credit in the world. Free trade and huge pools of untapped labor in the developing world have kept inflation in consumer goods and wages to a

There is a glut of credit in the world. Free trade and huge pools of untapped labor in the developing world have kept inflation in consumer goods and wages to a minimum. Not so when it comes to investments. There are thousands of hedge funds who charge 2/20, that's 2% even if they lose money. Who would give them money? Lots of people apparently, there must be pent up demand. And all that credit has to go somewhere, commodities, real estate, stuff like that. But commodities, and even real estate are volatile, so there's a lot of speculation. And what's the benefit of this moneyed activity? There is none.