amdman

More Government Market Manipulation on Its Way?

The oil trading market is ~50 times bigger than the actual oil delivery market. Prices become completely divorced from any sort of real supply and demand when the dollar supply and demand swamps it.
This lesson was learned in the 1920s and forgotten.
Limiting the dollars is hard, you create trading monopolies.
The only alternative is to remove the secrecy, then the dollars have a chance to fight fair for real value.
The current system will lead to more economy problems as prices continue going crazy. Business cost forecasting is impossible in this market, just try and get a long term plastic supply contract. (Plastic is made from oil, everything is made of plastic, etc.)