![](https://d3o5s8vs2wiz58.cloudfront.net/uploads/2024/06/Tim-Worstall-Why-buffer-stocks-dont-work-finesse-card.png)
Why “buffer stocks” don’t work
There are times when drilling into the underlying logic of a proposal illustrates the entire gorgeousness of what is being suggested. For example, the latest in the food and commodity world is that we should add more speculators into the food chain in …