When the supplies run out, it is easy to see how the owner of the local cider mill might be encouraged to try the nearest larger market, and if there are multiple vendors there, he might decide to go back the following week.
Tsang has been at pains to distinguish between run-of-the-mill speculators who may have a legitimate role in the market, and manipulators who abused the double-play.
The market for humdrum corporate servers supporting run-of-the-mill business applications is shrinking, in effect, since the price of the things is falling faster than the growth in volume being shipped.
Former currency minister Sakakibara warned it might happen and the Bank of Japan had to act against raging market forces in a bid to prevent a self-reinforcing rumor-mill from strengthening the yen.