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	<title>Sightline InstituteA Currency Affair - Sightline Institute</title>
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	<description>News and Views for a Sustainable Northwest</description>
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		<title>A Currency Affair</title>
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		<pubDate>Fri, 29 Oct 2004 11:00:00 +0000</pubDate>
		<description><![CDATA[Industries that are based on extracting natural resources&#8212;mining, forestry, fishing, and farming&#8212;are particularly vulnerable to booms and busts. Commodity prices, you see, are especially volatile: small oversupplies can lead to huge price drops, while tight supplies can send prices soaring. (See, e.g., petroleum.) British Columbia&#8217;s timber industry is a case in point. The price of BC timber&#8212;much of which is exported to the U.S. or overseas&#8212;gyrates not only with the...]]></description>
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