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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (8653)	9/10/2001 11:55:57 PM
From: Ilaine	Respond to of 74559

The effect of tractors replacing people should be a steady decline in employment in the agricultural sector. There were more people employed in agriculture in 1930 than 1927. More tractors, more people working. Hmmmm. The effect of tractors increasing production more than demand should be a steady increase in production (duh!) causing a steady decrease in prices. A sharp spike down and then back up means something else happened. You're the one with the tractor theory, not me.