WITH USURA

wool comes not to market

sheep bringeth no gain with usury

Ezra Pound

Following this news, wich announces that water begins to trade on the Wall Street futures market, I kept thinking. Although the price refers to water from California, the largest agricultural producer in the USA, which has had a tremendous drought for approximately years, and although it is taken into account that the objective of the measure is that producers can project costs and investors use it as an indicator, it does not fail to set a dangerous precedent.  

The future we are heading to is that of the Mad Max movie universe?  

Although at a global level, this does not make the good water more or less scarce, with the excuse that it serves to better measure and optimize resources, a new commodity is being established.  

Because although it discourages shortages and reduces corruption / overstatement of costs by state / private companies that provide the service in California, production costs in the USA are not the same as in Nigeria, and that will make them tend to seek a balance between them.  

In a society like ours that, as if repeating the Middle Ages, is stratified and with little social mobility, high prices make everything impossible for anyone, except for the richest.  

I wish I was wrong and that the costs of water do not create a perpetual supply for the millions who still today have difficulty accessing the resource around the world.