As we learn in Economics 101, reducing the supply of something raises its price.
By reducing the supply of housing, it would erode housing affordability for both renters and owner-occupiers," it found.
Changing bankruptcy rules, he argues, would make matters worse by raising the cost and reducing the supply of mortgage credit.
The purchases drive down interest rates by reducing the supply of assets like long-term Treasury securities.
The second round, by contrast, has worked because the Fed is reducing the supply of bonds available for purchase.
This would increase shareholders' returns by reducing the supply of equity.Lastly, a market for mergers and acquisitions is developing.
It is reducing the supply of share buy-backs, where companies acquire their own stock with (often borrowed) cash.
Anything that helps slow the price decline by reducing the supply of housing for sale will be good for our economy.
With the Israeli closure greatly reducing the supply of fuel, spare parts and other vital goods, less sewage is treated and more fish are contaminated.
Gazprom briefly cut off the flow to Ukraine, thus also reducing the supply to Europe and drawing criticism from Western governments.
Other things, like reducing the supply of assault weapons and large ammunition clips that so often figure in mass shootings, will require new laws.
