Far from being able to take advantage of market forces, our wheat farmer friends are cowed into inaction because our markets are fickle and unreliable and prone to manipulation. This is fundamentally no different from the average joe trying to invest wisely in stocks- he can’t because the game is rigged. Our current system is anything but a free market. A free market would mean that people would be able to act with adequate information. We’re a nation being held hostage by these Galtian super-geniuses like Rick Santelli at the CME and that idiot blowhard Jim Cramer.
Aug 20, 2010
The Fix Is In
From a story in NYT, Balloon Juice posts this:
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