[lbo-talk] speculative fever in oil

brad babscritique at gmail.com
Wed Mar 9 09:45:39 PST 2011



>Do you really think that a bunch of traders are thinking this politically? I really doubt they are. Their thinking goes >like this: China's booming and the Fed's printing money like crazy. Inflation! Buy commodities!! There's nothing >more complex behind it than that.


>Doug

Yeah, maybe I am giving too much political conscious to capitalists. It is probably simply that they will take profits by inflating commodities and destroying the economy or they will take profits through other means and it is up to the politicians to guide them into the latter. However, I think some very big traders do think this through and understand that they have the economy by the balls.

Brad



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