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130 Groups Ask CFTC To Shut Down "Dystopian" Water Futures Market

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MGG
 MGG
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From the article:

 

"Water index futures trades are contrary to the public interest as they involve the trade of an essential resource," wrote Food & Water Watch. 

The letter argued that water is essential for life and not a commodity. It said the contracts undermine California's state law and "beneficial use" doctrine that prohibits entitlements from being used for speculative trading. 

 

https://www.zerohedge.com/commodities/130-groups-ask-cftc-shut-down-dystopian-water-futures-market

"BOO!"

 
Posted : 23/12/2021 6:47 pm
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A guide, on finding a man who has lost his way, brings him back to the right path—he does not mock and jeer at him and then take himself off. You also must show the unlearned man the truth, and you will see that he will follow. But so long as you do not show it to him, you should not mock, but rather feel your own incapacity.

Epictetus

 

 

 

Do not rely on following the degree of understanding that you have discovered, but simply think, “This is not enough”.

Tsunetomo Yamamoto