[Marxism] how are (oil) prices set?

Carrol Cox cbcox at ilstu.edu
Tue Jul 8 21:31:09 MDT 2008



bauerly at yorku.ca wrote:
> 
>
> 
> Are you saying that the $260 + Billion investing in commodity futures are not
> making any profit?

Trading on markets produces no profit; it just shuffles around among
different traders profits mae elsewhere. The exchanges make money, just
as airports make money while airlines are going broke.

Carrol





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