On Mon, Sep 28, 2009 at 8:45 AM, c b <[email protected]> wrote:
> 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 ?



Speculators?
-raghu.


-- 
"Really ?? What a coincidence, I'm shallow too!!"
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