Greater Greater Washington

Report a Comment

MLD, the supply, whatever it may be, is always constrained. The constraints may be physical -- impossible to instantaneously truck something, slow response to discover new oil, the long lead time to build a new house -- or it may be due to regulations or political constraints -- a war interrupts oil deliveries, import constrains reduce the amount of lumber -- but in either case in "the market," the price is adjusted accordingly much more quickly than the supply. Thus the market is indeed working.

by goldfish on Dec 20, 2012 9:46 am • linkreport

Does this comment violate Greater Greater Washington's comment policy? If so, you can report it using this form and an editor will take a look.

What is the major reason you believe the comment violates the policy?
Comment is spam.
Comment attacks other individuals personally.
Comment criticizes the level of knowledge of another commenter or contributor.
Comment discourages others from posting their ideas.
Commenter is impersonating someone else.
Comment uses profanity or abusive language.
Comment advocates violent acts or harm to another.
Comment was posted in multiple areas of the site.
Comment is arguing about the comment policy.

Your name:
Your email:

Administrator pagespam