Posted 6/18/2018 08:53 (#6819197 - in reply to #6818412) Subject: RE: Elasticity of demand & elasticity of supply, huh.
The lesson from the Russian Grain Embargo was that it hurt US wheat producers far more than it hurt the Russians. The Russians found supply, the Americans lost their market and never did recover.
But we shall see, in a few weeks or months from now, one of us will be right the other wrong. Time will tell.
I've been reading thru...
