alt-text: Woman ordering food (photo): “I would like to buy a hamburger for the same price that it was 2 hours ago.”

Cashier (sketched): “Sir, this is a Wendy’s”

  • Corkyskog@sh.itjust.works
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    8 months ago

    The Onion Futures Act is a United States law banning the trading of futures contracts on onions as well as “motion picture box office receipts”

    Lol. Wut?

    • Kerb@discuss.tchncs.de
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      8 months ago

      in 1956 some guy sneakily trough shell companys and such stuff, used the futures market to controll 98% of the onion suply and screwed over a lot of people.

      the onion futures act was the goverments absolute brilliant idea for a fix.

      i have no idea what the box office receipts thing is about

      • Corkyskog@sh.itjust.works
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        8 months ago

        Yeah no, I get the Onion thing, it’s usually taught in collegiate finance courses… but the Box Office thing threw me off. Apparently the MPAA lobbied to have it added. I am just amused that it’s attached to Onion Law.

    • kboy101222@sh.itjust.works
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      8 months ago

      From a couple minutes on Wikipedia, it was added to the law as part of Dodd-Frank in 2010, which overhauled the US financial system after the recession. The MPAA lobbied heavily on it