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In either case, we need prices for the old mortgages.
To recover from recession, economies need prices to fall until they reflect genuine supply and demand.
Most producers need prices of $60 to $90 a barrel to balance their budgets.
"I need prices to come down, but if they do the value of my condo goes down, too.
Saudi Arabia's cost of production is probably as low as $10 a barrel, but he said they need prices closer to $100 a barrel to fund their budget.
The drug companies, which spend $25 billion a year on research and development, say they need prices that will generate enough profit to underwrite the risky business of discovering life-saving medicines.
Similar(49)
"We need price support or there's going to be a big calamity soon".
Specter notes that we need price incentives to reduce greenhouse-gas emissions.
"Where people have a power quality need, price is not an issue," Mr. Wilson said.
But in the meantime we need price controls within cap and trade, which is really Krugman + Hansen.
Demand reflation or wage increases do not guarantee enough exports for the periphery anymore, which may still need price-inelastic products from the centre.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com