On Sat, 25 Jun 2005 14:19:11 GMT, "Doug Kanter"
wrote:


"John H" wrote in message
.. .
On Sat, 25 Jun 2005 11:08:51 GMT, "Doug Kanter"

wrote:

"P. Fritz" wrote in message
...


Yeah......the evil bush tax cuts caused oil prices to rise.....LMAO


If this country became a war zone like Iraq, and a black market developed
for certain goods, do you think those things would be MORE expensive, or
LESS expensive than before the war?


That would depend on the demand and the supply. If the demand greatly
increased,
but the supply remained decreased or remained constant, then most likely
the
goods would be more expensive.
--
John H

Let's assume that it's something people normally want ALL the time, John.
Coffee, shoes, whatever. Don't hand me junior high school economic theories.

Well, if we assume the demand hasn't changed, and the supply has diminished,
then prices will go up.

In the case of oil, the demand has greatly increased over the past several years
(almost as bad as outsourcing!).

The junior high economic theories are, at least, rational.
--
John H

"All decisions are the result of binary thinking."