After investing in high-tech stocks and real estate loans for years, legions of speculators have now discovered commodities like oil and gas, wheat and rice. Their huge investments are pushing prices up to unprecedented levels -- with serious consequences for ordinary people's quality of life and the global economy.
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Saturday, June 14, 2008
How Speculators Are Causing the Cost of Living to Skyrocket
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1 comments:
I believe that the speculators may add a little to the bottom line, but this economy is still screwy regardless.
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