1 Answers
What is your plan to stop speculative trading on wall street that only serves to raise prices?
Asked by: forexsheet 77 views
It is suggested that a small trading tax on each speculator’s trade would help decrease unwarranted increases of oil by limiting spiraling prices due to back and forth trading on the commodity. The price of oil is raised artificially by speculative trading just to raise the price high enough for it to fall back and starts all over again. Somebody is making big money while causing great harm to the economy, and one way of slowing this practice is to tax each round of speculation.
Tags: commodity, economy, Forex, money, price of oil, speculation, speculator