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Tim Fowler

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Tim Fowler

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Re: jessellivermore post# 44423

Monday, 05/14/2007 4:04:33 PM

Monday, May 14, 2007 4:04:33 PM

Post# of 252592

Unlike a free market the rationed items do not go up in price.

Which is typically a bad thing. When items are in short supply you want the prices to go up, which will tend to reduce demand and often increase supply.

I was in the RVN in 72-73 when cigarettes and booze were rationed.

These are "essentials"?
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