Commodities Exchange: Playing Games With Lives
Silvia Liebrich, Sueddeutsche (in German) | January 25, 2011
Widespread hunger rears its ugly head again worldwide, as prices for wheat and maize skyrocket. ++ Traders at the international commodity exchanges need to realize that they “are playing with peoples’ lives and endangering world peace.” ++ In spite of the food revolts three years ago, policymakers have done little to rein in speculation with agricultural products. ++ Action and greater transparency are urgently needed. ++ For instance, the number of institutional investors should be limited by means of a quota system.
