Oil trading becoming as bad as gold certificate
How quick we forget the past. Try to remember back when the dollar bill said silver certificate or gold certificate. I do not know who was president at that time but it was decided that because there was not enough gold and silver to back up the dollar the feds could print a Federal Reserve note.
That is today's dollar that amounts to an IOU from the government. Who should we blame for the national debt? The one that started it or people like the one that made it so crude oil could be traded as a commodity so the speculators could drive up the price. If I had been running a large oil company, I would have been the one speculating.