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November 2nd, 2009 02:00 PM
#2
good or bad depends on how the seller and buyer is affected
we will find out when the exchange is up and running
pag meron na commodities exchange dito, magkakaroon na ng uniform pricing ang commodities sa bansa (ngayon kasi ang presyo depende sa lugar)
bad for producers who will experience drop in prices (good for buyers)
and good for producers who will experience rise in prices (bad for buyers)
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as for govt price controls...
i don't think an exchange will prevent that
to improve their popularity ratings, politicians will always take the pro-masa, anti-business stand
--
now it would be easier for speculators to make money on local commodities
you no longer need to hoard physical commodities
you just buy up all the contracts hehe
Last edited by uls; November 2nd, 2009 at 02:19 PM.