What's the cure for high commodity prices?
high commodity prices
dealer bids falling?
Comments
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greater supply or less demand cures high prices. prices are simply equilibrium of the two.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
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you've never heard of this saying?
Current maintainer of Stone's Master List of Favorite Websites // My BST transactions0 -
I was simply answering your question.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
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@MsMorrisine said:
high commodity pricesdealer bids falling?
Yes...always high prices. The high prices were caused by excess buyers. Eventually you run out of buyers. They become sellers and it a race to liquidate. Voilà! !ower prices
Excuses are tools of the ignorantKnowledge is the enemy of fear
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Assuming demand is fairly constant, increase the supply to cure high commodity prices. If it's coffee or soybeans, plant more coffee trees or plant more soybeans. If it's oil, do more exploration for oil or pump more oil from existing wells. Etc.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire0 -
high commodity prices kill demand. that cure high commodity prices
weren't we talking about dealer bids falling? increased things on sale?
Current maintainer of Stone's Master List of Favorite Websites // My BST transactions0 -
More Cowbell!
Loves me some shiny!
“Often wrong, but never in doubt.”3 -
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admit it! you're eating less pork belly, for a bacon lettuce and tomato sandwich
Current maintainer of Stone's Master List of Favorite Websites // My BST transactions0 -
Current maintainer of Stone's Master List of Favorite Websites // My BST transactions0
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Deflation, balanced budgets, fiscal responsibility would all lead to decline in high commodity prices.
Finem Respice1 -
Strong US Dollar
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No one has said it yet, So
Buy used, Build it OR Grow it yourself.
Channel that inner Farmer0
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