dagblog - Comments for "Speculation: Finders Keepers"

Another way of touching the

john — Sun, 23 Jan 2011 23:33:25 +0000

In reply to Speculation: Finders Keepers

Another way of touching the same elephant is to see the derivaties market as being a means of fluidly reassigning relative value between economic units of value (land, skills, intellectual property, mining, farming, etc etc). The shift in value in the west from manufacturing ability, to energy and commodities, to technology, then property, and now to food production capacity - also reflect concerns as to where and how wealth can in future be created. Food futures rising will cause a chain of reevaluations eventually raising the relative value of arable land, fresh water, fertilizer, and related services and goods. But buying rainwear futures, after reading a prediction for a wet summer, is a sympton of an expected situation, rather than a cause.

Thanks, that's a nice way to

Donal — Thu, 20 Jan 2011 00:52:21 +0000

In reply to Excellent post, Donal. I

Thanks, that's a nice way to look at it.

Excellent post, Donal. I

acanuck — Thu, 20 Jan 2011 00:24:18 +0000

In reply to Speculation: Finders Keepers

Excellent post, Donal. I think it didn't spark a long discussion because you said it all.

The problem with gov't

Anonymous — Wed, 19 Jan 2011 14:47:48 +0000

In reply to Speculation: Finders Keepers

The problem with gov't regulation on derivatives is skin deep. When a gov't employee figures out what companies are doing with derivatives, those companies hire that person. It is easier to hire the person for double of what they make rather than fight what they find in court. Edmund Burke sums up the problem perfectly:

"When bad men combine, good men must associate; else they will fall, one by one,an unpitied sacrifice in a contemptable struggle."

unfortunately, money talks...

This profiting while the

Resistance — Mon, 17 Jan 2011 12:16:00 +0000

In reply to Speculation: Finders Keepers

This profiting while the people suffer is so maddening. How do we break this criminality?

Thank you Donal for this very helpful information.

One of the many things that

cmaukonen — Mon, 17 Jan 2011 04:07:27 +0000

In reply to Speculation: Finders Keepers

One of the many things that needs to be stopped. Great piece Donal.