Who To Trust

It's way too tempting to write about politicians and affairs, but I found this article about the commodities markets far more fascinating.

We're told time and time again that "markets" are perfect barometers for consumers. That allowing markets to wheel and deal will achieve the lowest price and greatest quality for us. And if you believe that...

Now, evidence is beginning to leak out (pun slightly intended) that commodities brokers in cahoots with banks and oil companies have, similar to Enron, created false shortages, thus driving up the price of fuel oil and gasoline. Surprise, surprise!

The list gets longer of who not to trust. And the problem is voluntary transparency will not solve these issues...