GREEDY SPECULATORS?
By Richard Rahn
Are you aware that without speculators, most food and physical products would cost a whole lot more? Many members of Congress have been looking for the villain who is causing gasoline prices to soar (they seem to be mirror-less). A large number, mostly, but not exclusively, Democrats, have decided that speculators, or at least "greedy speculators," are the villains.
Many members of Congress make up "solutions" to things they do not understand and cause problems where there are none or make real problems worse, which explains the current run-up in gasoline prices. (Read more.)
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