this post was submitted on 28 Feb 2024
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Lol. Wut?
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
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.
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