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"P. Fritz" wrote in message ... "*JimH*" wrote in message ... "P. Fritz" wrote in message ... "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. And it still doesn't have anything to do with the "evil' bush tax cuts. Black markets tend to develop when guvmints interfer with supply and demand..... I still believe that liebrals cannot grasp the simple supply/demand economics because of their static thinking. -- John H "All decisions are the result of binary thinking." "It is all Bush's fault. Bush is evil. Cheney is evil. Bush's cabinet members are evil. The conservative Supreme Court Justices are evil. Republican members of congress are evil." That sort of sums up their position on anything. ;-) Yeah,,,,,well I will be doing my share of increasing demand.......will be heading down your way for the Fourth......leaving Thursday for PIB..........about 130-140 gallons for the RT....... That is one of the busiest times there. What marina did you get reservations at or are you going to try to grab a mooring buoy? I will keep my fingers crossed for you that you have good weather and calm seas. |
"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. |
"*JimH*" wrote in message ... "P. Fritz" wrote in message ... "*JimH*" wrote in message ... "P. Fritz" wrote in message ... "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. And it still doesn't have anything to do with the "evil' bush tax cuts. Black markets tend to develop when guvmints interfer with supply and demand..... I still believe that liebrals cannot grasp the simple supply/demand economics because of their static thinking. -- John H "All decisions are the result of binary thinking." "It is all Bush's fault. Bush is evil. Cheney is evil. Bush's cabinet members are evil. The conservative Supreme Court Justices are evil. Republican members of congress are evil." That sort of sums up their position on anything. ;-) Yeah,,,,,well I will be doing my share of increasing demand.......will be heading down your way for the Fourth......leaving Thursday for PIB..........about 130-140 gallons for the RT....... That is one of the busiest times there. What marina did you get reservations at or are you going to try to grab a mooring buoy? I will keep my fingers crossed for you that you have good weather and calm seas. I go to the public docks......getting there on Thursday evening, I've never had a problem. I just hope for no wind from the east when I hit Erie............THAT makes for a real nasty ride. |
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? -- John H "All decisions are the result of binary thinking." |
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." |
"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? Once again........he fails to get it.....it has nothing to do with "unstability" it has everything to do with supply and demand. A black market is basic economic reaction to a guvmint restricting supply.........the price on the "black market" is simply a reflection of the ability of suppliers to meet the demand.......based on the risk involved. War creates a higher demand, and often has a reduced supply because of damage to production facilities. The current Iraq conflict is not the reason demand has escalated, nor has there been a major disruption in supply. -- John H "All decisions are the result of binary thinking." |
"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." |
"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. |
"P. Fritz" wrote in message
... Once again........he fails to get it.....it has nothing to do with "unstability" it has everything to do with supply and demand. A black market is basic economic reaction to a guvmint restricting supply.........the price on the "black market" is simply a reflection of the ability of suppliers to meet the demand.......based on the risk involved. The government is not restricting the oil supply at the moment, and neither are the Saudis. There is no black market for oil in THIS country. War creates a higher demand, and often has a reduced supply because of damage to production facilities. "Demand" means the desire of consumers to use more of a product. Other than the presence of lots of fuel guzzling military vehicles, please explain WHERE you believe the excess demand is coming from, and why. The current Iraq conflict is not the reason demand has escalated, nor has there been a major disruption in supply. Again, specifically WHERE do you see increased demand? Name countries and finished oil products in your explanation. |
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