|
NW Indiana | I'm opposed to the idea the government should start trying to anticipate the market. So what if action was taken and later proved wrong? Remember 1983?? You brought up PIK and the impacts but couldn't that same thing happen the other way around? Starting the slippery slop that the government should anticipate the market would put a cap on the trading range. Commodities such as grains typically hover around the COP. In order for a producer to make money volatility brings the most opportunities.
Another thing to consider is by extending those deadlines that would be forcing the additional risk on to the insurers. Assuming that was done the government would likely have to pick up that tab also, and more government dependency. Open that door and things will happen that shouldn't, like plant way late not trying to even yield with really low input cost and taking the fall HPO and mfp payment. | |
|