When Intervention Creates Uncertainty

Michael Karesh warns:

Unless you must have a car now, if you are considering a domestic car–or even any car that directly competes with a domestic car–I would wait. Many proposed measures to save the domestic auto industry would have the effect of cutting car prices by thousands of dollars. If you buy a car now, you could pay thousands more.

Debates about bailing out automobile companies: Free

Same debates incentivizing people to stop buying cars: Priceless

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This page contains a single entry by Kevin published on November 20, 2008 3:06 PM.

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Who Needs Long-Run Profitability? is the next entry in this blog.

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