RE: [LandCafe] Re: U.S. Use of Gasoline is Down, Yet Pump Prices are Up as Speculators Move In
Harry Pollard wrote:
> Speculators don't raise prices. They merely
> reflect expected conditions.
> So, they think that oil prices will be
> rising - perhaps because of Iran and
> other problems.
>
> If they are wrong they take a shellacking.
Ed Dodson here:
There is a distinction necessary between commodities speculators and land
hoarders. Hoarders serve to reduce the supply of land available for use; if
demand is stable or increasing the result will be to raise the price for
land (and, for the resources that might be on or under the surface).
Speculators don't raise prices. They merely reflect expected conditions. So, they think that oil prices will be rising - perhaps because of Iran and other...
... That is why many turn to land and buildings on land. They don't get a shellacking. If price turn down, they leave the land until the prices rise. You...
... Ed Dodson here: There is a distinction necessary between commodities speculators and land hoarders. Hoarders serve to reduce the supply of land available...
Of course there is a difference between land speculators - which is bad - and speculators in goods - which is good. In fact the free market depends on...
Sorry Harry, you're a smart fellow, but you haven't kept up with the changes this millennium. It is simply wrong and naive to think speculators are "merely...
Scott, Nothing much has changed. Where there are monopoly conditions speculation is part of the monopoly. Rack-rent is a good example of speculation in a ...
Harry - You keep repeating the same things that were true in the last millennium, or at least the last century. I gave you several references for articles by...
Scott, This is the problem - some excerpts from an article in the February 18th Economist "Over-regulated America." "Consider the Dodd-Frank law of 2010. Its...
I'll leave the anti-regulation discussion to another time (though I don't agree with you, at least as far as the FIRE sector is concerned, which is as...
Actually, the length of these regs is usually largely a function of intervention and niggling and loophole inserting by regulated entities. Then, of course,...
Yes, I agree - it's the loopholes that prove so lucrative to those who know how to go through them. Here's a new article and newscast from ABC news,...
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