Feds Eye Oil Speculators

MoneyWatch TalkbackShare your ideas and expertise on this topic

Subscribe to this discussion via Email or RSS

•  
  1

  ksheppard@...

  07/09/09 | Report as spam

  RE: Feds Eye Oil Speculators

  Mr. Decayen, Thank you for the report. You have publicized an issue that is extremely salient. However, I descry the use of the term "dark markets". It is a term used as a dark euphimism for free markets, the implication being that free markets are black markets and that government regulated markets are good markets. [In my mind, the notion that "government regulated" equates to "good" is somewhat oymoronic.] Please define new terminology, especially when it is coined by government, in terms of its bias. This will make your reporting more fair and balanced.
  
  My comment on the topic: Keep the feds out of the futures markets and all free markets, if any remain. There is no such thing as a government regulated free market.
  
  Is it possible that the increase in oil prices last summer is, at least in part, actually a manifestation of inflation caused by injection of TARP money into a defunct market (subprime lending)? I posit that a new economic law may have been discovered here: that inflation presents first in the closest free markets. Also proven may be that liquidity cannot be created by the presence of money alone; a market must exist first. Perhaps this is merely a corollary of Sayes law.