Feb 2, 2009
Having a bit of an economics degree in college, it is amazing to me that it seems as if we are throwing the laws of supply and demand out the door.
The Public Record
Having a bit of an economics degree in college, it is amazing to me that it seems as if we are throwing the laws of supply and demand out the door.
We are creating these artificial bubbles with these CDSs that drive price fluctuations up and down that have absolutely nothing to do, in my humble opinion, with supply and demand.