Re: Rising cost of living
Quote:
Originally Posted by tweetiepooh
Things I hate about current trading
1)Selling short - this is just evil, betting on company failing and making money on someone's misery. I'd like to see this banned.
2)Futures - setting prices in advance. You should pay based on costs and yield. If it's a bad year but predicted good farmers get a pittance, and I bet sellers then hike prices as it's a bad year. Of course if it's a good year but predicted bad then farmers can make a profit and the sellers hold their high prices, based on expected, anyway and make more profit.
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It’s all part and parcel of capitalism. It’s how it works.
It is also necessary. For example, although selling short seems heartless, who else will actually buy a failing company? Ban the practice and everything is lost.
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Last edited by Hugh; 22-10-2021 at 18:59.
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