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Politics : Foreign Affairs Discussion Group

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To: Noel de Leon who wrote (216058)	2/3/2007 12:35:56 AM
From: Brumar89	of 281500

like neo-colonialism." Or like neoconservatism. I'd say they were more opposites. " I understand your point. But the intl market today is supply constrained. And that keeps prices high." Which is the same as saying that the market is not free. One of the Adam Smith requirements for a free market is that buyers and sellers are "equal". I wouldn't say buyers and sellers are equal. I could have worded my statement better. Supply and demand are balanced (equalized) over time by price. We're in a period where the overall trend is toward higher prices (which I believe is the long term trend tho we've recently seen a temporary I think counter trend) - because of supply constraints coupled with growth in demand.

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