Exactly, demand is going up, supply not so much or not at all, so prices are rising to equalize supply and demand. And higher supply includes ALTERNATIVES. This is exaclty how is should be. We see higher prices and so we economize and look for alternatives, build more fuel effeicient vehicles, etc etc. If something is experiencing the above conditions it makes perfect sense.Right......just like we see being played out with the price of OIL now, eh....:eyebrows:
Well, what is the alternative? Government subsidies? They just encourage people to use more than they would under higher prices, which just exacerbates the problem AND blows a hole in government finances. Rationing? HELLO huge government bureaucracy, and queueing similalar to what was experienced in the Eastern Bloc during communism. Everything was cheap, but never available.That must be very comforting to the poor people who cannot afford to buy rice when the price rises in order to balance supply and demand.
Exactly, they deserve to die, all of them, men, women and children.Anyhow, if someone can't afford to buy basic necessities like rice, there is something wrong with his income level, not the price of rice.
Well that question may never be answered.LMFAO!!!
It hard to say who is denser here, JL or his sock puppet AppleJack....
There are rumours about the regime in Ghana mistreating its people. I would not be surprised if a regime change was found necessary.I'm surprised none of you mentioned GHANA.
Why do you think Obama visited that country almost immediately when he took office?
http://ghanaoilonline.org/2011/03/ghana-surrenders-oil-to-china-daily-guide/
.... and where did you hear these rumours from, the anti monarchists? Ghana has one of the most stable and well founded governments in Africa.There are rumours about the regime in Ghana mistreating its people. I would not be surprised if a regime change was found necessary.
Just a supply disruption due to flooding in Queensland... they are NOT running out of coal.. in our lifetimes.China May Face Coal Shortage in Second Quarter of 2011 (Source (Bloomberg)):
http://www.dailymotion.com/video/xilahy_china-may-face-coal-shortage-in-second-quarter-of-2011_news
I certainly can rely on you to ask me, fuji.....lol
Gyaos Baltar.
Actually, what they need is sound economic policies to raise their incomes so that they can afford to eat rice.Exactly, they deserve to die, all of them, men, women and children.
God forbid there will ever be famine and shortage of medicine whenever andActually, what they need is sound economic policies to raise their incomes so that they can afford to eat rice.
And in the meantime.........?Actually, what they need is sound economic policies to raise their incomes so that they can afford to eat rice.
ScalpersGod forbid there will ever be famine and shortage of medicine whenever and
wherever disasters hit.
Anyway whatever the economists' definition of shortage is where can I
buy tickets to major baseball games, concerts or whatever events next
time they are sold out?