Should Congress make speculators on the commodities exchanges put up higher margin payments?? Should Congress make speculators on the commodities exchanges put up higher ...
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... or margin, that speculators have to put up ... Congress that, while more speculators are ... you make it more difficult to trade there? There are functioning commodities exchanges ...
janniel 1:02 pm on March 15, 2010
Yes they should. But as the previous respondent more or less stated, big money and the free market ideology has a stranglehold on the political ststem so speculation will not be reined in despite the damaging effect it has on global markets, national economies and ordinary people who are not rich enough to ignore the price hikes.
David C 1:02 pm on March 15, 2010
Fine, but then they would be putting back in place all the safeguards which Reagan destroyed…
Big business has too much influence in Washington for any real effort to rein in these margin call specialists.