Perversely, government interference is a problem for existing producers, but it's also one of the key reasons prices remain high. Government interference has the overall impact of creating higher barriers to entry and therefore slows supply growth - which is one of the reasons prices remain elevated. Most governments are too stupid or ideologically driven to realise they are the problem, not the solution. It's a strange situation - the market function is essentially broken due to massive government interference which doesn't allow the supply side to respond. My view is that governments will interfere more, not less, which will help prices remain elevated.
Perversely, government interference is a problem for existing...
-
- There are more pages in this discussion • 650 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.65 |
Change
0.020(0.26%) |
Mkt cap ! $6.399B | |||
| Open | High | Low | Value | Volume |
| $7.69 | $7.71 | $7.64 | $24.66M | 3.217M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 22151 | $7.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.66 | 12306 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WHC (ASX) Chart |