How do you distinguish between “good transactions” that you want to encourage and “bad transactions” that you want to discourage? What would prevent these transaction costs from getting passed on to consumers?
gossagesays
so they would feel the pinch of a 0.5% tax on transactions.
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p>Good transsations, much less frequent, therefore minimal impact on prices.
johndsays
leonidassays
Krugman has been very adamant that oil prices are rising because of supply and demand fundamentals, not speculative pressures…
gossagesays
Energy prices (electricity) in texas are unexpectly high. The Wall St. Journal covered this. The only plausible explanation is market manipulation by traders (a la CA)
How do you distinguish between “good transactions” that you want to encourage and “bad transactions” that you want to discourage? What would prevent these transaction costs from getting passed on to consumers?
so they would feel the pinch of a 0.5% tax on transactions.
<
p>Good transsations, much less frequent, therefore minimal impact on prices.
Krugman has been very adamant that oil prices are rising because of supply and demand fundamentals, not speculative pressures…
Energy prices (electricity) in texas are unexpectly high. The Wall St. Journal covered this. The only plausible explanation is market manipulation by traders (a la CA)