The Great Onion Scandal

The History Guy: History Deserves to Be Remembered

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Onions are the only agricultural product where commodity futures cannot be traded in the United States. It all has to do with two men in Chicago, and a whole lot of onions.
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This is original content based on research by The History Guy. Images in the Public Domain are carefully selected and provide illustration. As very few images of the actual event are available in the Public Domain, images of similar objects and events are used for illustration.
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All events are portrayed in historical context and for educational purposes. No images or content are primarily intended to shock and disgust. Those who do not learn from history are doomed to repeat it. Non censuram.
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Script by THG
#history #thehistoryguy #food

Опубликовано:

26 сен 2024

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Комментарии : 700

@ZeusTheIrritable 4 месяца назад

Is it weird that I would rather watch a short documentary about onion futures trading than nearly any network produced TV show?

@katiesioux7757 4 месяца назад

Nope,I totally agree

@rocarr180 4 месяца назад

❤️🙏

@ambercrombie789 4 месяца назад

No. "Wisdom is known by her children".

@danstevens2204 4 месяца назад

That’s why we are here 👍🏻

@daveburklund2295 3 месяца назад

We're all weirdos here.

@johngregg5735 5 месяцев назад

Onions scandals should not be leeked to the press.

@eileenspamer 5 месяцев назад

@bartsanders1553 5 месяцев назад

Hey kid, beet it with the puns.

@BonnieBlue2A 5 месяцев назад

scandalous would be scallion-esque ?

@CAP198462 5 месяцев назад

Cheese, I’m getting tired of puns. Every comments section is just peppered with them.

@joshuabessire9169 5 месяцев назад

Whey did you ❤️ him THG? You're just egging them on.

@JonesNate 5 месяцев назад

4:15 -- "But the market for butter spread thin..." Funny guy. -_-

@ouroboris 5 месяцев назад

He definitely has a way with words 😆

@Sniperboy5551 5 месяцев назад

His alliteration is also beautiful, his scripts are like poetry at times

@Russia-bullies 5 месяцев назад

As I spread them thick,I don’t get why the guy is funny.

@garandm1d 5 месяцев назад

... Spread thin... Eggs in one basket...That's why I love the history guy...

@Bbbuddy 5 месяцев назад

So much fun has started with “two guys in Chicago.”

@Metalkatt 5 месяцев назад

It’s A Hundred And Six Miles To Chicago. We Got A Full Tank Of Gas, Half A Pack Of Cigarettes. It's Dark, And We're Wearing Sunglasses

@NoBSRecoverfacts 4 месяца назад

Cringe

@ZeusTheIrritable 4 месяца назад

@@Metalkatt Hit It.

@nancybaumgartner6774 4 месяца назад

That, and “Florida man…”

@davidkaplan2745 5 месяцев назад

You rapscallion, you.

@ElementofKindness 5 месяцев назад

_"If making money is a crime, then I'm guilty."_ He didn't make money. He extorted money.

@EddieVBlueIsland 4 месяца назад

Only because dishonest people believed him

@paulthiessen6444 4 месяца назад

@@EddieVBlueIslandgreedy people anyways

@bobbsurname3140 4 месяца назад

@@EddieVBlueIslandWere the onion farmers who didnt want their crop to become worthless dishonest?

@AdamBechtol 4 месяца назад

Good point.

@lisaboban 5 месяцев назад

It takes a real talent to make commodity trading and onion farming into a fascinating story. Well done, sir.

@pilotjoe4010 5 месяцев назад

You could say it has layers…

@lisaboban 5 месяцев назад

@@pilotjoe4010 So many layers ☺️

@Dogdrule 5 месяцев назад

Honestly, Planet Money did an episode on it years back that has stuck with me more than any other in a catalog of many hundreds of episodes. It's a fascinating tale despite seemingly dry elements like commodity trading and futures

@jackmanatee3162 5 месяцев назад

We have an odd, kind of family heirloom. It's a still life painting of onions. The story goes that the painting belonged to a railroad VP in California who loved onions but for whatever reason could not eat them. Apparently the VP was a distant relative of the family. The painting was given to my father when he was a young man working in machining factory in the years before WWII. An odd story? Yes, and I've always doubted it's veracity. However it's a very nice painting. 😄

@drewzero1 5 месяцев назад

That's fascinating! I can't eat onions and neither can my mother. I don't think I've heard of anyone outside my family that reacts to them.

@jaymzx0 5 месяцев назад

I love family stories like this.

@elizabethsohler6516 5 месяцев назад

@@drewzero1 I have a friend who can't eat onions. I believe he has diverticulitis.

@wheressteve 5 месяцев назад

A multi layered family onion painting mystery sounds nice, we're still trying to find out what happened to Dad after he went to the store for cigarettes in 1973.

@wheressteve 5 месяцев назад

Ji.bo.... 9

@skyden24195 5 месяцев назад

So glad The History Guy mentioned, "Trading Places" because that movie immediately came to mind when discussing "future's commodities."

@jburron 4 месяца назад

Commodity futures.

@thefoxfireworkshop 3 месяца назад

And he led us right into it with “pork bellies” and “frozen orange juice.” I love that movie! It's a lot of fun.

@timothysworld1028 5 месяцев назад

The most-accepted Chicago meaning is a word that comes from the Algonquin language: “shikaakwa,” meaning “striped skunk” or “onion.” According to early explorers, the lakes and streams around Chicago were full of wild onions, leeks, and ramps. Appropriate that Chicago played such a huge part in this story.

@Foolish188 5 месяцев назад

Ramps...Oh do I want some ramps right now. Once found a large patch deep in the woods behind our house as a kid. I swore my family to secrecy about the location, but my Mother told several people. A year later they had all been stolen. I will die with the secret of the locations of my current patches.

@johnnixon4085 5 месяцев назад

@Foolish188 I planted 100 bulbs 2 years ago. Last year I tasted a couple leaves. They're just coming up now, but I expect to be able to take enough leaves to make some ramp butter, and to hopefully get some seed to scatter. Hopefully next year I can take a few bulbs.

@tissuepaper9962 5 месяцев назад

@@topherthe11th23 very few questions in etymology can be answered with the unwavering confidence you have put on display in your comment. It's foolish to accept either story as absolute fact, unless you can provide a definitive primary source (which I know you can't).

@mRahman92 5 месяцев назад

So just like how New York is known as "The Big Apple", Chicago could be called, "The Wild Onion"?

@jacobishii6121 5 месяцев назад

Yes,Pete ....it is.Actually,it's pronounced "mill-ee-wah-kay" which is Algonquin for "the good lands"

@g3heathen209 5 месяцев назад

Mortimer and Randolph Duke would be proud.

@DavidHBurkart 5 месяцев назад

Wouldn't that actually be Louis and Billy-Ray? Morty and Randy didn't recover from that until the 1990's following a windfall gift from a foreign prince!! 😂😂😂

@KissyHug 4 месяца назад

😂 😂 😂

@palehorseman8386 5 месяцев назад

I'm surprised that box office futures was even considered given how infamous Hollywood accounting is.

@skyden24195 5 месяцев назад

That is probably why it was considered, i.e., given how infamous Hollywood accounting is.

@Youser999 5 месяцев назад

I wore an onion on my belt, which was the style at the time... 😂

@NelsonZAPTM 5 месяцев назад

Was it a brown onion? Or one of the white ones that was fashionable at the time?

@danwolf307 5 месяцев назад

Thank you!😂

@emceeboogieboots1608 5 месяцев назад

Here it is! Onya Abe 👍

@TTOS69 4 месяца назад

What. The. Fck. Are you from the 1800s??

@PhilWithCoffee 4 месяца назад

I was looking for this lol

@noneyabizz8337 5 месяцев назад

Guy turned good later, that's not normally how bad onions work.

@guessundheit6494 5 месяцев назад

And south american drug lords put money into their communities. So what's your point?

@DavidHBurkart 5 месяцев назад

😂😂😂

@eldorados_lost_searcher 5 месяцев назад

You could say that he had layers to his personality.

@BTScriviner 5 месяцев назад

A lot of those robber barons/shady capitalists turn to philanthropy later in life.

@pgtv14 5 месяцев назад

Steals a boatload of money and gives (some) of it away to boost his own reputation. Real nice guy he was -_-

@vinnynj78 5 месяцев назад

I love that little nod to Trading Places at the end. On a side note people selling short on major films released in 2023 could have made a fortune.

@inthefade 4 месяца назад

Just shorting Disney world have been a good idea

@robertriteman3227 4 месяца назад

" the butter market had spread thin" such a great slip in line

@constipatedinsincity4424 5 месяцев назад

That last joke has me crying 😢 I don't know why!

@robertriteman3227 4 месяца назад

" the butter market had spread thin" such a great slip in line

@thetangieman3426 5 месяцев назад

Having grown onions at scale, actively traded commodities futures, and secretly desiring the cheat code to large piles of money this story is one of my all-time favorites, right up there with The Idles of March and the Manhattan Project.

@caturdaynite7217 5 месяцев назад

One year Mom got me an onion for Christmas. I looked right at her and ate it raw. I still like onions and I learned a valuable lesson. Don't make Mama mad.

@peterestrada9420 5 месяцев назад

Since I was a kid, I have eaten onions, like apples, but ☝️covered with Mustard & Black Pepper; Tomatoes, as well🤤😋🤣

@peterestrada9420 5 месяцев назад

Salt & Watermelon 🍉 🧂 is pretty good too🤙😉

@poetryflynn3712 5 месяцев назад

Ever hear of Vidalia onions? Supposedly they're sweet like apples!

@sooz9433 5 месяцев назад

They are! @@poetryflynn3712 The ones that are as big around as softballs but only an inch or so tall are the best ones.

@tygrkhat4087 5 месяцев назад

@@peterestrada9420 My dad did that.

@MrJamesjustin 5 месяцев назад

"...the market for butter was spread thin"? Ahhaha 😂 Sir, only you could get away with that.

@robertriteman3227 4 месяца назад

as soon as he said i thought " genius"

@handimanjay6642 5 месяцев назад

It brought tears to my eyes at how you peeled this subject, sliced then diced its many layers.

@zyxw2000 4 месяца назад

And then leeked the information to us.

@V.Hansen. 5 месяцев назад

I can’t imagine being a farmer and then stealing from all the other farmers knowing how hard it is to stay afloat. What an actual pos. Makes me sick

@jodyssey9921 5 месяцев назад

Ruthlessness is the most important quality if you want to be rich. That's why rich people are all assholes.

@advicepirate8673 5 месяцев назад

If only the rest of us were willing to give people like that the one time payment in lead that they deserve. But most of us are no better, we have a system wherein mice happily vote for cats in the delusional hope that they will one day become the cat.

@tissuepaper9962 5 месяцев назад

@@jodyssey9921 you have to step on other people's faces to make it up the ladder to wealth. There's a good reason why Jesus told the young rich man to sell all his possessions and give to the poor, and why it is said that a camel can be more easily be drawn through the eye of a needle than can a rich man enter the kingdom of heaven. You can't get rich without screwing people, it's a simple fact.

@CAMacKenzie 5 месяцев назад

That Vincent Kosuga, he really knew his onions...

@DutchBlackMantha 5 месяцев назад

So instead of preventing the same sort of market cornering to be done again, they just made it impossible for 2 very specific products.

@spvillano 5 месяцев назад

And started an in-joke in the Adams family, where Gomez would comment on the price of pork bellies in multiple episodes.

@RonaldFigura 5 месяцев назад

@pulaski1 5 месяцев назад

I'm not sure if there is a History Guy video to be made, but tobacco is the most valuable crop in the world for which there is no organized market or trading. I was briefly involved some years ago with one the largest tobacco brokers, which bought directly from farmers and sold to tobacco companies around the world. There is a lot more to supplying the different types of tobacco to the cigarette manufacturers than you could possibly imagine!

@honodle7219 5 месяцев назад

This story brought tears to my eyes.

@robertriteman3227 4 месяца назад

" the butter market had spread thin" such a great slip in line

@russcrawford3310 5 месяцев назад

Layers? ... like an ogre? ...

@skyden24195 5 месяцев назад

You know what else has layers? Parfaits. Everyone likes a parfait. Ask anyone if they'd like a parfait. Ain't no one gonna say, "No, I don't want no parfait."

@Maudit_Anglais 5 месяцев назад

Good one !

@Whatsinmygreygarage 5 месяцев назад

Cake! Cake has layers!

@spvillano 5 месяцев назад

Ogres, onions, you mean smelly and make people cry?

@timothyhays1817 5 месяцев назад

My grandmother would make onion sandwiches. Butter bread with sliced onions.

@StevenDietrich-k2w 5 месяцев назад

Welcome to class. The mid-term has been cancelled. Enjoy the weekend.

@CAP198462 5 месяцев назад

But I spent all night studying for it 😢.

@JeffreyGlover65 5 месяцев назад

@@CAP198462I was gonna cheat off your answers...🤔

@davea6314 5 месяцев назад

@@JeffreyGlover65 You're suspended from school. 😜

@danstotland6386 5 месяцев назад

Gee Thanks!

@hobbyfarmer62 5 месяцев назад

I have always looked on futures trading as a sort of scam as it just seems to susceptible to stuns like this one.

@Foolish188 5 месяцев назад

A very useful scam. For both farmers who can sell at a guaranteed profit and buyers who can buy at a guaranteed price, eliminating their risk of a higher price. Speculators provide the liquidity for the farmers and buyers.

@spvillano 5 месяцев назад

Interestingly, just last week, Trump Media filed a complaint with the SEC claiming some mystery party was short selling Truth Social to manipulate the prices of their stock. Totally has to be true, can't be that a company that's losing tons of money has an overinflated stock value... Still, gambling and the stock market, ever a match made in the realm of the afterlife, such gambling working out ever so well in the 1920's.

@m39fan 5 месяцев назад

Lance is in fine form today.....

@narveenaryaputri9759 5 месяцев назад

Chicago MEANS Onion in the Fox and Mesquaki language. They are the same people who named the major river of America the Mississippi, a Fox and Mesquaki word which means Plenty Of Fish.

@joshuabessire9169 5 месяцев назад

I have some apples, would you like to buy them? Yes, please. That's how hard it should be to operate a Business. Also, dueling should be brought back. You might be able to say "buy my onions or else" 1 or 2 times but by number 10 you're surely missing an ear.

@anthonini66 4 месяца назад

Two of my great passions coming together, onions and scandals.

@BrilliantDesignOnline 5 месяцев назад

One of your best, definitely top ten. Can you imagine over 1000 gondola cars full of onions? I have ridden in a gondola car full of sweet potatoes. At about 50 feet long, that is about 9.5 miles long.

@ArchFundy 5 месяцев назад

That dude sounds like a pirate to me. ^^

@TheHistoryGuyChannel 5 месяцев назад

The Onion Pirate!

@juliao1255 5 месяцев назад

...After all, don't all good stories have pirates? (Sorry, but someone had to say it.)

@Pygar2 5 месяцев назад

@@TheHistoryGuyChannel This man really knows his onions!

@jonmccormick6805 5 месяцев назад

@@juliao1255 Yes, and I was thinking it too!

@NoahSpurrier 5 месяцев назад

I had a friend who was a chef. I once asked him what’s the most important vegetable. He said onions.

@danktankdragkings7117 5 месяцев назад

as a professional prep cook 100% onion.

@stevenschnepp576 5 месяцев назад

Beyond a shadow of a doubt. Just look at how many recipes are ruined without it, and how few substitutes for it there really are.

@goodun2974 5 месяцев назад

Louisiana cooking relies upon what they call the Trinity: onion, celery and bell pepper.

@wisecoconut5 5 месяцев назад

Totally. I am just an average home cook, but I keep 3 or 4 kinds of onions on hand all the time. Sweet, purple, yellow, leeks ( when available), and green onions. But shallots are great, too.

@tygrkhat4087 5 месяцев назад

When I was a dishwasher, I hated to clean the bowls of French onion soup. I asked the chef why we served it, he said it cost $0.50 to make and we charged $8.50 a bowl.

@braxtonnelson5375 5 месяцев назад

It's official: The History Guy can make any subject ap-peel-ing, no matter how many layers he has to unwrap.

@andrewkillham3946 5 месяцев назад

This story brings tears to my eyes

@Wordmama 5 месяцев назад

Now I can't get the smell of rotting onions out of my mind ...

@Linusgump 5 месяцев назад

I was thinking the same thing. 🤮

@alcedob.5850 4 месяца назад

aw heck, got a flashback from 2020 when for like 3 months the only stink I could feel was the stink of rotting onions

@timinwsac 5 месяцев назад

I'm surprised that Vince didn't end up sleeping with the onions.

@BrilliantDesignOnline 5 месяцев назад

Sounds like he made more enemies than profits.

@thefixerofbrokenstuff 5 месяцев назад

My hat is of to you, the king of dad jokes.

@scotto9591 5 месяцев назад

I really appreciate all the puns you sprinkled throughout this clip. Thank you for all that you do. We learn so much from you😊

@mellissadalby1402 5 месяцев назад

Mr. Lance, I must say that you MORE THAN earn my devotion to your channel every week. You must be a tireless researcher to document so many stories so well with nary a break. I am truly in awe.

@dwbiggly6907 5 месяцев назад

What’s better than French onion soup? Vampires love onions. My cousin vacationed in Transylvania for two weeks and wore a ring of garlic around his neck. The next year he returned to Transylvania but couldn’t find garlic to make a necklace. He made one out of onions. We never saw him again.

@robertsaget6918 4 месяца назад

This happened to my wife but in Spain. The last time I saw her she was walking away with two vampires wearing expensive suits who gave me a plane ticket home.

@mimisor66 4 месяца назад

He's probably still there, farming onions...😊

@RetroEli82 5 месяцев назад

Hey THG, my first time commenting. Love the Channel, great videos. This was a great video, super informative. I love onions, keep up the great content

@edwardschneider2716 5 месяцев назад

Well done. Very interesting topic. Especially as I plant our own onions in 2024

@luannnelson547 5 месяцев назад

Here’s a butter and onion related experience for you: I grew up on a dairy farm in Georgia. My father and grandfather farmed together and had about 330 dairy cows. One unfortunate day, the cows broke down a fence and got into a neighbor’s empty field, which was rife with wild onions. Cows LOVE wild onions, but the resulting milk - pee-ew. Three days of milk had to be discarded, until all traces of onion smell were gone. I will never forget the odor and appearance of the curdled milk in the two big tanks, which as I recall held 3,000 and 5,000 gallons respectively. I still cannot eat French onion dip.

@valeriehowden471 5 месяцев назад

Trading Places is one of my favorite movies.

@JimDean002 4 месяца назад

I'm sure this video is Billy Ray Valentine approved

@costrio 5 месяцев назад

Onions with steak and mushrooms?...Yummy! Cue the Susan Christie song, "I Love Onions?"

@tricotdiko1435 5 месяцев назад

I think Chicago means “Smells like onions” in local native tongue.

@Torby4096 5 месяцев назад

Even more, bad smelly onions.

@carguybikeguy 5 месяцев назад

4:23 I am commenting in the middle of the piece to express how delighted and amused I am by your well-placed and accurate puns. Thank you. You remind me of my HS physics teacher. All the dad-joke punny humor one could stomach and I was all there for it. Keep it up!

@rickhobson3211 5 месяцев назад

Fantastic episode! The ending elicited a healthy chuckle! Thank you for all your hard work getting to the root of the issue! You are no dim bulb!

@matta5498 5 месяцев назад

Brilliant! Caveat Emptor!

@parrotraiser6541 5 месяцев назад

Shorting has a finite reward, while it has a potentially infinite loss.

@psivewri 4 месяца назад

Take a shot every time there’s a food related pun

@user-wi9hv2pb2q 3 месяца назад

"tear to your eye" terrible. 😂

@anonymous7386 5 месяцев назад

Hang on: the Ferris Beuller movie had a running joke referencing "The Sausage King of Chicago" - was that a reference to this guy? I never knew.

@TheHistoryGuyChannel 5 месяцев назад

Chicago has a lot of kings…

@gloriamontgomery6900 5 месяцев назад

It was this guy who killed his wife and put her in a vat of acid in his sausage factory. They found a ring and her false teeth which were enough to identify her

@mrdanforth3744 5 месяцев назад

There was a screwball comedy called The Palm Beach Story that had a character called The Weenie King who made his fortune manufacturing weenies.

@ericmintz8305 5 месяцев назад

When I was in college (between the fall of 1966 and spring of 1970), there was a Great Winter Onion Shortage. The price of onions shot up, then they disappeared from the shelves. You couldn't get one for love nor money. It was a great day in the morning when they returned. Does anyone else remember this?

@guillermorodriguez836 4 месяца назад

14:34 FCOJ but Pork Bellies were also part of the plot when Valentine was tested on when and what price to sell.

@Sniperboy5551 5 месяцев назад

Onions and potatoes, two of the best vegetables. They work with basically anything.

@edkeaton 5 месяцев назад

My best friend thought that he was so smart. He said to me that onions were the only food that made you cry...then I threw a coconut at his face! 😂🧅🥥

@harryschaefer8563 5 месяцев назад

I often traveled with my family on the way to Port Jervis New York, through Pine Island New York, a town known for growing onions, in a broad flat valley of pure black soil. Listening to this episode, I wondered if Pine Island would be mentioned, and was not disappointed. The area is quite beautiful, and it is amazing how black the soil is.

@thomasmacdiarmid8251 5 месяцев назад

A possible topic for another video - I long ago read in a book that in the 1800s, an investor set about cornering the market for rags used in making paper, but that just as he was completing a major step in the process, wood-pulp paper was made available and the market for rag paper was hopelessly undercut. I have not been able to find further information, and it may be an apocryphal warning story.

@VetsrisAuguste 5 месяцев назад

Every time someone is getting rich, you can guarantee someone somewhere is getting screwed, being exploited or is indentured to make it possible.

@adrianbooth438 5 месяцев назад

But it was the style at the time!

@anthonyhargis6855 5 месяцев назад

Shades of "Trading Places." Orange juice, anyone? 🤣

@johnshinn6274 5 месяцев назад

This is my favorite channel. You’re the best. Have a great day and God bless you.

@J.A.Smith2397 5 месяцев назад

That's something to cry about

@williamdavid3933 5 месяцев назад

Per usual I read the title of your episode and go wow how is that going to be interesting and then you go ahead and blow my mind about onions.

@helenel4126 4 месяца назад

I'm sure this has been said, but this episode had me weeping.

@milosterwheeler2520 5 месяцев назад

All those onions dumped into the Chicago River must have been a interesting story in themselves.

@djay6651 4 месяца назад

I don't which is greater, THG's love of history or making dad jokes.😅

@athompso99 5 месяцев назад

More puns and bad jokes per square pixel in this episode than any i can remember before!

@dieseldabberdoug8285 5 месяцев назад

Surprised they haven't made a movie about it called The Great Onion Ring.

@dutchyoung Месяц назад

Put on a a play based on this called “The Onion King of Chicago” for my final high school group drama performance. Thanks for all the detail on the story!

@stevencooper2464 5 месяцев назад

A shining example of why Human greed needs to be regulated; heavily regulated, for the benefit of society as a whole.

@paulweeldreyer7457 4 месяца назад

Regulation makes things more expensive.

@jackvoss5841 5 месяцев назад

Onions are said to be among the most nutritious of garden vegetables. When I was a kid, Mom would sometimes have a saucer of onion sections on the table. I gnoshed on onion along with other parts of the meal. When I worked with Boy Scouts on canoeing and camping expeditions, I would add onion sections to the meal. The boys liked them, and gobbled them down Courtesy of Half Vast Flying

@earllutz2663 5 месяцев назад

Thank you again THG for another history lesson, this time on the onion. I am always impressed with your historical research.

@johnfun3394 5 месяцев назад

I always wished I was smarter, never outsmarted anyone in my whole life.

@nowsendindustries8771 5 месяцев назад

“..obscene outlay of onerous onions..” *chef kiss*

@odetomy 5 месяцев назад

I never knew there was an onion stock market scandal. lol. I a learning so much from these videos. Thank you so much for making these.

@fredherfst8148 5 месяцев назад

At a common sleep area, we had one guy who would insist on eating a raw onion sandwich and waft it throughout the dormitory….yuck

@johnthiel7422 5 месяцев назад

A whole lot of tears were Shedd

@saxongreen78 4 месяца назад

The very worst of human nature on display...this kind of evil is the reason the World is such a horrible place.

@AdamBechtol 4 месяца назад

Mmmm

@vmitchinson 5 месяцев назад

When I was up north, in the high Artic, people would eat raw spanish onions because they tasted like apples. This happens when you do not eat frest vegetables for a long time.

@notthefbi7932 5 месяцев назад

Probably one the most oddball story I've never heard of,to date 🤔

@sallythekolcat 3 месяца назад

Seattle's Pike Place market started when onions went from .10 to 1.0 and the housewives rioted. The public market connected farmers to consumers and skipped grocery price gouging.

@captbad9313 5 месяцев назад

Clever, thank you for the laugh and smile.

@timacrow 5 месяцев назад

Research for the History Guy would be an amazing career, and all-consuming!

@TheHistoryGuyChannel 5 месяцев назад

I do my own research.

@jdavid50 5 месяцев назад

That was a delightful story. Thanks for sharing it.

@ProctorsGamble 5 месяцев назад

Another fascinating, well researched and cited story!

@jamesengland7461 5 месяцев назад

Onions, salt, butter, eggs. Are you trying to make me hungry? Are you begging the question of bacon?

@zyxw2000 4 месяца назад

The four food groups. Onions, salt, butter, eggs.

@jeffchabotte 5 месяцев назад

Trading Places is such a great movie, and probably one of the only reasons most Gen-X'ers know anything about commodities futures.

@staninjapan07 5 месяцев назад

What a fascinating look at onions, one of my favourite versatile vegetables. Thanks a lot.

@nautilusshell4969 3 месяца назад

I worked in futures operations for about 25 years. I was aware that Gerald Ford had sponsored the legislation to ban onion futures sales and that the background related to market manipulation of onion futures prices. Pity that the senior management at Barings' Bank hadn't understood some of the lessons of the story. Those are only 2 of the futures-related scandals I'm aware of. I once visited the old floor of the Chicago Board of Trade (the OTHER exchange in Chicago), and was shown the desks with some wheat grain samples sitting at the back of the drawers from years previously.

@Adallace 5 месяцев назад

Reminds me of the great butter and dairy shortage in the northwest and Oregon that involved a bunch of corrupt cops laundering butter through a diner and murdering and stealing products from creameries all around the region like it was cash from a vault. The Dollop did a live episode about that story: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-LesxdjreQOY.html