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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: grusum who wrote (15429)6/17/2004 3:48:11 PM
From: jrhana  Read Replies (1) of 110194
 
There is a huge fallacy in this:

<price rationing gets the copper (for example) into the hands of the copper tube makers and wire makers, rather than a speculator who would be willing to sit on it and hold out for higher prices, no?>

All this has to be done by a government functionary who has his own agenda (including bribes) to follow.

Who gets the copper depends on how much influence you have and not on how much you need it. It never works.
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