On Jun 1, 2008, at 8:39 PM, Sabri Oncu wrote:

I don't know what exactly this means Doug! Sure, speculation is part of the normal operations of capitalism, but there is ample evidence that much of the price inflation in commodities, oil included, is because of speculation rather than increased demand.

My point is that you couldn't really separate speculative price increases from the other kind. How do you do it? And just what is the other kind?

There is no good capitalism, as far as I am concerned.

That was my point.

Doug

PS: Hello again, Sabri. It's been a while!
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