Do Commodities Speculators Make Things Cost More?
Harvard Business Review
JULY 22, 2013
It is certainly true that investors, dismayed at the prospect of low returns for stocks and bonds for years to come, have poured money into commodities over the past decade. Or is the problem simply that speculators have taken over the market for a crucial commodity? A 1973 followup , however, was inconclusive. When economist David S.
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