That could force the Kurds to eke another 14 billion dinars-worth of economic activity each year out of the same physical supply of cash.
The big unknown remains fuel costs and the risk that high prices for petrol, let alone physical supply shortages, will hit consumer spending hard.
The rules set spot month position limits at 25% of estimated physical deliverable supply.
FORBES: CFTC Position Limits Rule Divides Agency, Angers Market Participants
The recurring energy crises of the 1970s were not the result of any physical limitation on energy supply.
FORBES: "Too High" Prices Are a Symptom, Not the Cause, Of Our Problems
In the absence of such signals, it would have taken even bigger and more extended swings in the prices of physical commodities to bring supply and demand into balance.
In one, the labor supply for jobs with physical skills increases and leads to a drop in wages.
These sums are in essence the difference between measured changes in physical oil stocks and estimates of supply and demand.
You can be forgiven for thinking that those food and oil prices have everything to do with the supply and demand for physical commodities.
Contrary to what the critics of speculation suppose, the main task of futures markets has been to signal these fundamentals to firms and households, speeding up their adjustment to the changing balance of supply and demand for physical commodities.
That's what a breast-feeding doctor -- an OB, pediatrician or family physician with a subspecialty in breast-feeding medicine -- would have done in Kelly's case: a complete physical and medical history (yes, in fact, it is relevant if your mother couldn't make milk) on mom and baby to see if any physical or anatomical factors were affecting supply.
On a macro level, there are, in the very long term, implications for real estate and supply chain management in the physical retail space.
However, he said, because the biggest ETFs, like the SDPR Gold Trust, are physically backed, it could have an impact on the physical market because those funds then free up more supply which could pressure prices.
FORBES: FOCUS: Falling Commodity Prices, Slowing Global Growth Stir Deflation Thoughts
Extreme weather events, physical disruption to infrastructure or prolonged droughts all threaten unwanted supply disruptions.
Changes in food supply and eating habits, combined with a dramatic fall in physical activity, have made obesity a global epidemic.
Thomas Pasqualini, a 50-year-old supply-chain official at Solo Cup, says an executive physical at Northwestern Memorial Hospital in 2006 spurred him to fix his unhealthy lifestyle.
It is rare for investors to take physical delivery of commodities, so no raw materials are removed from the supply chain (another reason why investors are unlikely to affect spot prices).
ECONOMIST: The charge-sheet against commodity speculators is flimsy
Enterprises are also beginning to embrace IoT for tracking physical assets, managing customer relationships, and creating efficiencies in business operations and supply chains.
FORBES: Technologies Of The Future: 5 Trends To Watch For 2013
Women supporting supply missions have been drawn into battle in Iraq and Afghanistan, where there are no physical front lines.
CNN: Former troops say time has come for women in combat units
In the physical world, megastores such as Wal-Mart thrive on high volume, deep discounts and speedy, flexible supply chains that allow them to change prices and product mix on a daily basis.
ECONOMIST: Internet shopping: The once and future mall | The
"We're excited about the flexibility that these technologies can bring to hardware and how silicon photonics will enable us to interconnect these resources with less concern about their physical placement, " said Frank Frankovsky, chairman of the Open Compute Foundation and vice president of hardware design at supply chain at Facebook.
ENGADGET: Facebook's Open Compute Project splits up monolithic servers with help from Intel, more
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