19
May
2011
Krugman Speculation Bask
I am honestly not looking to criticize him… Paul Krugman wrote a lot back in 2008 about the lack of a speculative signal in the oil markets. (Specifically, inventories weren’t rising and production wasn’t falling, so the record prices in the summer were due to “fundamentals” he thought.)
But I seem to recall that this time around–say within the last 6 – 8 months–he wrote that he thinks speculators might be involved with the rapid increase in oil prices, because now there is evidence of accumulating inventory.
However, I can’t find his more recent post(s) on this. Any help?
http://krugman.blogs.nytimes.com/2009/07/08/oil-speculation/
You the man, thanks.
http://krugman.blogs.nytimes.com/2011/02/07/signatures-of-speculation/
Now you’re the alpha male. thanks.
No really, thank you.
You have done great things for the cause of freedom. I’m proud to help in any small way.
Tel, while you are on a roll here, can you find me a link that answers the question “what is the meaning of life?”
42
Here: http://www.thehighcalling.org/reflection/god-will-fulfill-his-purpose-you-0
Link editing is not for me… 🙂