Re:Fake books sold on Amazon could be used for money laundering
by rz2k on Saturday April 28, 2018 @08:55AM
(#16947427)
Why is speculating in food bad? Futures markets feature in explanations of why economies without centralized planning are the ones that never have famines.
Re:Fake books sold on Amazon could be used for money laundering
by icebraining on Saturday April 28, 2018 @08:59AM
(#16947437)
Like I noted at the bottom, I just used parent's example, I don't necessarily agree with it.
Re:Fake books sold on Amazon could be used for money laundering
by blablabla123 on Saturday April 28, 2018 @09:45AM
(#16947602)
Ok this might have been a bad example. I'm aware that Futures historically play a role of an insurance for food producers. Are those then by volume the major part of so called food speculation?
The equivalent would be to complain about specific uses of cryptocurrencies, or in the other direction, about the very existence of banks and commodity markets.
¹ (just taking your example, not necessarily my opinion)