On Sat, 25 Jun 2005 16:28:07 GMT, "Doug Kanter"
wrote:


"John H" wrote in message
.. .
On Sat, 25 Jun 2005 14:58:56 GMT, "Doug Kanter"

wrote:

"P. Fritz" wrote in message
...


Black markets tend to develop when guvmints interfer with supply and
demand.....

A black market is just one example of an adjustment made in response to an
unstable environment. War is another example of an unstable environment,
and
both have an effect on prices. Ask anyone who was an adult during the 2nd
world war.

In what way did they affect prices?

Simple version: In response to shortages, the prices of such things as raw
metal products and coffee increased. Now, the price of oil is increasing due
to PERCEIVED stressors on the market. I say "perceived" because there is NO
supply shortage, and the mythical demand you like to talk about is not
enough to explain the drastic price increases over the past couple of years.

China's mythical?
--
John H

"All decisions are the result of binary thinking."