On Sunday, June 1, 2008 at 20:51:14 (-0400) Doug Henwood writes: > >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?
How about, in the housing market, as Dean Baker has, I think, by noting deviation from long-term trend? Bill _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
