The long held premise is that the fundamentals of the American economy are based upon free market principles, supply and demand. If there is an over abundant supply of something, demand goes down and prices fall. Look no further than the auto industry and what is happening to sales of gas guzzlers. Huge discounts are being offered attempting to entice consumers to move these vehicles off of the lot. On the other hand a limited supply can create a very high demand. Again look to the auto industry … [Read more...]