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What Fraction Of America's $4+/Gallon Gasoline Is Due To The War In Iraq? | 22 comments (22 topical, editorial, 0 hidden)
Re: how much of gas price is Due To The War? (none / 0)
To equate demand for financial bets on commodities with demand for the commodity itself is a fundamental misconception of how these markets work.

This is really a key point that's been completely ignored in the press, with the exception of Krugman, ever since the "Speculators R Da Devil" horseshit started pouring in.

Be nice to America. Or we'll bring democracy to your country.

by Drew J Jones (pedobear@pennstatefootball.com) on Mon Jul 14th, 2008 at 03:58:28 AM EST
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What Fraction Of America's $4+/Gallon Gasoline Is Due To The War In Iraq? | 22 comments (22 topical, 0 editorial, 0 hidden)
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