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Do Commodities Speculators Make Things Cost More?

Harvard Business Review

Commodities trading, Adam Smith wrote in 1776 , was a boon to efficiency and a foe to famine. Commodities-trading rules and customs that date back to the pre-financial era may not fit the more aggressive tactics of hedge funds and investment banks. The popular odium. come between the grower and the consumer. When economist David S.

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