[lbo-talk] Fed driving commodities bubble?

Doug Henwood dhenwood at panix.com
Mon Apr 11 10:12:36 PDT 2011


On Apr 11, 2011, at 1:06 PM, Shane Mage wrote:


> Price counts for many things--but whatever the price the identity of long and short intersts remains.

So what? If buyer and seller agree to a price today that's 3% higher than yesterday, the identity remains, but the price is up. And when thousands of new buyers come in, prices tend to rise.

But of course, it violates a certain Vol. 1 fundamentalism that finance can influence the real world.



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