alt Hacker News>paying what in retrospect will have been an excessive price
This can be said about any negative price movement. You still get the same amount of oil you agreed to regardless of if the price goes up or down afterwards.
Replies
skinfaxi • today at 1:15 PM
Yes but it is being said about a manipulated movement, not any negative price movement.
It's a tax. I don't know if you specifically are one of the "taxation is theft" types, but it's absolutely wild how many of these are totally cool with the tax if it's funding insider trading payouts but not if it's paying for poor person healthcare or whatever.