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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (228386)4/8/2005 8:55:38 PM
From: SilentZ  Read Replies (2) | Respond to of 1578667
 
>If prices are artificially limited, even by a false sense of generosity by the sellers, than you will have shortages. Remember the gasoline lines?

Is there any indication that there's any less gas available now than there was two years ago? No. Are people buying less gas than before? Not yet... they might... gas demand is elastic in the short term, a lot more inelastic in the long term.

So why would we have a shortage? We might in 30 years, but that's not a reason to double the prices today.

-Z