"Who will screw us next?" asked Dilbert creator Scott Adams on The Dilbert Blog. As worldwide "shortages" create pretexts for massive price increases on ordinary consumer goods, his readers pointed toward water as the next obvious corporate assault on the uninformed public. Scott agrees.
In order to have a good artificial shortage you need several things to be true:Get ready.
Water has it all, except for the existence of futures contracts, as far as I can tell. Once you see a market for water futures forming, bend over. That's when the manipulation will begin. Crooks prefer manipulating financial markets over building reservoirs.
- The commodity must be essential.
- There is a plausible "natural" explanation for the shortage.
- Only large companies have the resources to increase supply.
- The government is involved in some way.
- The media hasn't yet obsessed about it, but could.
- Inventions to solve the problem are noticeably absent.
- There are futures contracts for it.
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