"John H" wrote in message
...
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.
--

Unlike static liebral thinking

John H

"All decisions are the result of binary thinking."