http://www.triplepundit.com/2008/12/ecoflation-threatens-the-future-of-economic-stability/ Business, Better. Since 2005 Fri, 10 Feb 2012 07:33:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.triplepundit.com/2008/12/ecoflation-threatens-the-future-of-economic-stability/comment-page-1/#comment-10046 Nathan Schock Sat, 06 Dec 2008 01:20:59 +0000 http://www.triplepundit.com/wordpress/2008/12/ecoflation-threatens-the-future-of-economic-stability/#comment-10046 Price as an indicator for scarcity would only be the case if price always tracked supply and demand fundamentals. But over the past year, it has now become pretty clear that there was a significant speculative bubble in the commodity markets. Price is certainly important, especially for low-income people, however I think that actual supply and demand figures would be better indicators of scarcity. Price as an indicator for scarcity would only be the case if price always tracked supply and demand fundamentals. But over the past year, it has now become pretty clear that there was a significant speculative bubble in the commodity markets.
Price is certainly important, especially for low-income people, however I think that actual supply and demand figures would be better indicators of scarcity.

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