Replies to post #1255 on ProShares UltraPro QQQ ETF (TQQQ)

[philg]

The government needs to reign in commodity speculators, particularly those involved with oil commodities, Goldman Sachs used to be the biggest one, I'm not sure if they still are.

There's talk in Europe of the European Union doing just that, they're crazy not to, huge profits have already been made by the oil industry and Russia could restrict it more.

I've never seen an American president take on rampant commodity speculation, I thought a democrat president would but I was wrong.

[fourdint]

I think you have to provide example of why lower interest "didn't work" as indeed it does as cheap money to invest does jump start the economy working and, likewise, raising interest rates tightening the money supply and has opposite effect. Simularly, an overheated ecconomy raises Inflation and a cooler economy lowers inflation rate. But there are many other factors that influence the ecconomy and problem is all those other factors as it's certainly not an overheated economy causing inflation but clearly supply issues=simple supply and demand problem.

To lower price/inflation, either supply has to increase (fix supply issues) or demand has to decrease. It would be better to fix supply issues, but nothing is being done there -- they clearly are choosing to decrease demand (by stomping on the ecconomy). There is a third option, do nothing and live with inflation. There can be many other causes for inflation (decreased dollar buying power) but IMO its supply issues here.