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Why is speculating in food bad? Futures markets feature in explanations of why economies without centralized planning are the ones that never have famines.



Like I noted at the bottom, I just used parent's example, I don't necessarily agree with it.


Ok this might have been a bad example. I'm aware that Futures historically play a role of an insurance for food producers. Are those then by volume the major part of so called food speculation?


This HN. Capitalism baaad, UBI goood.




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