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Apr 23rd 2010, 21:43:26
i disagree... reducing the cash limit will restrain the market more, as more wealth will be tied up in stockpiles, which then become unusable....
liquidity is important -- if all your assets are tied up in $200-300 bushels, you can't *use* that money for anything....
and forgotton/Eric; the bushel peak won't be slightly as high I would guess, but that doesn't really affect the warrers that much; both sides, after all, are running farmers, and the price would likely be kept to early-stocking prices i'd guess; i'd guess you'd get a 40-45 long stretched peak rather than a sharp $60 or $65 peak
see the problem with a limit... you're right SS, why 2B? why not 1B? or 10B? or 5M?
i vote we go with a 5M limit... then my 10kA casher will overflow every turn...
why don't we just go back to $24 PM bushels, would that make everybody happier? heh...
Finally did the signature thing.