[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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