Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Road Walker who wrote (374431)	3/18/2008 3:24:47 PM
From: TimF	Read Replies (1) \| Respond to of 1573901

It's a fly in the ointment of your pure free market philosophy. No it isn't. Esp. since cartels usually get that way with government assistance or participation. OPEC is no different. IT the "Organization of the Petroleum Exporting Countries", with a group of countries with nationalized oil industries. Its not the free market at work. You keep repeating that "$10 to harvest" as if it had some relevance. The value of an item isn't equal to how much it costs to produce it but rather how much people are willing to pay for it. It's relevant from a political perspective. Its not relevant to the claim that trade is a one way wealth transfer. to defend ourselves from an economic war Trade is not an economic war. Trade barriers and sanctions might be considered an economic war, but allowing and/or having trade isn't.