Time to tackle speculators

THE only good thing about the “wheat bubble” is that financial institutions which have been undermining the euro currency have now diverted attention to charging us more for bread.

Surely governments – which are never slow to interfere in farming and food production – can at last live up to their promises to take action against the financial institutions whose reckless speculations ever threaten to derail normally functioning economies.

Many financial institutions which were bailed out with hundreds of billions of the public’s euros and dollars in 2008 have been taking advantage of resulting huge government debt, for example, by betting against the euro, thus making economic recovery even more difficult.