From: Michael Perelman --------------------------------------------------------------------------------
Short sellers are speculators, but Dean Baker's idea is that short sellers help to work against the froth of other speculators. ^^^^^^^^ CB: Yeah, speculation that prices are going to go down does not contribute to the prices going up in the bubble, does it ? Or what exactly does cause the prices to go up in a bubble ? What caused housing prices to go up in the housing bubble ? _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
