The Pig Cycle and the Price of Energy
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The markets can remain irrational longer than you can remain solvent Keynes The description of the pig cycle is one of the great moments in the first year economy courses. Here it is. At the beginning of the year t, the price of the kilo of pig meat is very low. And therefore, no peasant does raise [...] The post The pig cycle and the price of energy first appeared on Institut des Libertés.
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