Editing Speculation (section)

=== Proposals ===
{{See also|Speculative attack|Currency crisis|Black Wednesday|Fictitious capital|Financial transaction tax|Land value tax|Currency transaction tax|Tobin tax|Spahn tax|}}
Proposals made in the past to try to limit speculation – but never enacted – included:
* The [[Tobin tax]] is a tax intended to reduce short-term currency speculation, ostensibly to stabilize foreign exchange.
* In May 2008, German [[leader]]s planned to propose a worldwide ban on oil trading by speculators, blaming the 2008 [[price of oil|oil price]] rises on manipulation by [[hedge fund]]s.<ref name='Ban'>
{{Cite news
 | first= Ambrose| last= Evans-Pritchard | title = Germany in call for ban on oil speculation
 | date= 26 May 2008 | url = https://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/05/26/cnoil126.xml
 | archive-url = https://web.archive.org/web/20080528214654/http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/05/26/cnoil126.xml
 | url-status = dead
 | archive-date = 28 May 2008
 | work = [[The Daily Telegraph]] | access-date = 28 May 2008
}}
</ref>
* On 3 December 2009, Representative [[Peter DeFazio]], who blamed "reckless speculation" for the [[2008 financial crisis]], proposed the introduction of a [[Let Wall Street Pay for the Restoration of Main Street Bill|financial transaction tax]], which would have specifically targeted speculators by taxing financial-market [[Security (finance)|securities transactions]].