The big move in oil a few years back was big money busting SemGroup's oil shorts. It is true there are distinctions in inflation, academically speaking. Espousing the finer points of it on a Tunisian street these days will likely draw an attentive crowd right before they kill you.
I always thought that when a lot of money chases few goods, price increases(inflation). Calling it speculation implies that the prices are eventually going to go down one day which they arent.
Then give us a play by play of crude oil from 1998 to present. If it wasn't speculation what caused crude to go from $10 to $150 and then back down to $40?
WIN stands for Work Is Nonprofit!! Why people can't boil things down to something really simple I'll never understand... Learn to trade well, it's the only way out for most of us!! I was reading Karl Marx the other day and I boiled it down to "the guys with the machines make the money"... why does everybody not get that?