Re:Great Grain Robbery (1972)
by folli on Sunday April 26, 2020 @04:45AM
(#22985628)
I think the point is that the market rate was "unfair" (depending on your definition of fairness), as it was based on massively assymetric information.
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Re:Great Grain Robbery (1972)
by londons_explore on Sunday April 26, 2020 @12:11PM
(#22988133)
Presumably there could have been asymmetry in the other direction too? Perhaps the americans knew they were in for a bumper wheat crop, and thought they'd lock in the price now before prices fell?