Explaining food market speculation is as easy as taking cookies from a baby.
Last night, Stephen Colbert argued that there was nothing wrong with speculating on food markets because it’s just like, “playing lotto with someone else’s lunch money.” And to show what he meant, he brought out a little boy and gambled with him for a stack of cookies.
“Timmy here represents whatever might need food,” Colbert said. “For example, a human child.”
He then pulled a die from his pocket and, with an arbitrary roll, claimed the entire stack of cookies as his own.
“But I want those things,” Timmy pleaded.
“I know!”Colbert responded. “That’s what makes it such a great investment.”
Colbert then offered to sell Timmy one cookie at a hyper-inflated price, thus showing how the system works.
Watch the video below:
| The Colbert Report | Mon – Thurs 11:30pm / 10:30c | |||
| Bears & Balls – Misery Edition | ||||
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