Had it not been for the unfortunate 2003 decision of the Federal Reserve that allowed regulated banks to trade in physical commodity markets, much of the artificial inflation of commodity prices we have seen since would not have occurred.
Ed Markey: “Had it not been for the unfortunate 2003 decision of the Federal Reserve that allowed regulated banks to trade in…”
On the recordJuly 23, 2013
Source
congress.govEditor's note · Context
Markey blames a Federal Reserve decision for inflation in commodity prices.
Share
More from Ed Markey
Aug 15, 2026
One million square feet of new economic development for a new generation.
Aug 11, 2026
In addition to mandatory notification of use outlined in this rule, the FDA should be using strong, science-based standards to independently review every chemical proposed for use in our food.
Aug 10, 2026
It’s unacceptable. But we can and will fight back. The FCC will be accepting comments for the next few months, and they need to hear what E-Rate means in your school, library, and community. Submit comments. Share the numbers. Tell the…
Aug 26, 2026
The health and safety of America’s children must not be sacrificed for political theater and ideology.





