03/03/2009
https://www.congress.gov...
"Excessive speculation leads to markedly increased volatility, what you should expect some market force on real supply and demand to have some influence on."
"Well, position limits are designed to stop excessive speculation, correct?"
"How does the CFTC define 'excessive speculation'?"
"We are going to see massive inflation in this country in 2 or 3 years."