Delaware and National Politics from the Center-Right.
Posted in Economics on May 19th, 2008
The food and energy commodity markets are quickly losing any connection to pure supply-and-demand pressures. In some cases, that disconnect has already long passed us by.
There are many thoughts and proposals to correct this. I don’t think many will work until one basic element is affected:
Make the market less inviting to the typical speculator.
Due to […]
Posted in Economics on May 9th, 2008
NOW I can post this (David A corrected my use of gas v. distillates last time) . If you haven’t seen it, we truly have $4/gal gas now. The lone service station in Delaware City and the Exxon (go figure) at Mt. Pleasant/Summit (Boyd’s Corner Rd and Summit Bridge Rd) both now boast $4 + /gal for […]
Posted in Economics on Mar 12th, 2008
Does anyone remember the last time a dollar was worth less than 100 Yen? I can’t. I also know it hasn’t happened within the past five years.
It might happen today. Early morning trading shows it down under 102¥ (9:37AM: 101.97¥).
Watch our dollar, folks. The current state of the dollar has a lot to do with […]
