However, because fiat money is backed by government guarantee of a certain amount of goods and services, where the value of this is in turn determined by free market currency exchange rates, similar to the case for the international market exchange values which determines the value of metals which back commodity money, in practice there is very little economic difference between the two types of money ( types of currencies ).

However, analogous activities such as front running are illegal under U. S. commodity and futures trading laws.

However, Namibia's economy is heavily dependent on the earnings generated from primary commodity exports in a few vital sectors, including minerals, especially diamonds, livestock, and fish.

However, the growth of the economy had slowed down compared to the 80s, with strong labor unions and higher wages reducing the competitiveness of Korean products on the international market, resulting in stagnant exports, while commodity prices kept on rising.

However, with the fall of communism, and following a period when multi-standard TV sets became a commodity, many Eastern European countries decided to switch to PAL.

However, vitamins have been produced as commodity chemicals and made widely available as inexpensive semisynthetic and synthetic-source multivitamin dietary and food supplements and additives, since the middle of the 20th century.

However, Marx held that the value and price of any commodity would coincide only when demand and supply were equivalent to each other.

However, the majority of income gained from commodity support programs actually goes to large agribusiness corporations such as Archer Daniels Midland, as they own a considerably larger percentage of production.

However, for commercial farmers growing commodity crops, the sunflower, like any other unwanted plant, is often considered a weed.

However in a falling market, the counterparties — the " bearers " of the commodity to be delivered — win because they have locked in a future delivery price that is higher than the current price.

However, economies of scale and the demand for high speed networking in even non-technical areas has dramatically decreased the time it takes for newer networking technologies to reach commodity price points.

However, with the outbreak of World War II, oil became a highly sought-after commodity.

However, it is important to note that the convenience yield is a non cash item, but rather reflects the market's expectations concerning future availability of the commodity.

However the late-2000s financial crisis saw the institution of quantitative easing by the Federal Reserve, downgrades of US debt by credit rating agencies ( during the debt-ceiling crisis ), countries diversifying their foreign exchange reserves away from the dollar, the emergence of commodity markets trading in non-US currency ( such as the Iranian oil bourse ), resumed appreciation of the yuan by the People's Bank of China, and the IMF proposal of the SDR as an alternative to the dollar in some applications.

However by the 1980s, Data General was clearly in a downward spiral relative to DEC. With the performance of custom-designed minicomputer CPU's dropping relative to commodity processors, the cost of developing a custom solution no longer paid for itself.

However, since 2010, it was revealed in a joint-study by Zoological Society of London and the Environment Agency that eel numbers in the River Thames had fallen from 1, 500 in 2005 to just 50 in 2010, again leading to a reduction in eel-based pie orders based on commodity price alone.

However, by 1921 the failures were so apparent — a thriving black market, arbitrary ( often class-and race-based ) enforcement and punishment, rampant corruption — that alcohol was established as a commodity subject to government regulation and taxation as it is today.

However, generally commodity ETFs are index funds tracking non-security indices.

However, most ETCs implement a futures trading strategy, which may produce quite different results from owning the commodity.

However, it is important for an investor to realize that there are often other factors that affect the price of a commodity ETF that might not be immediately apparent.

However, the transformation of a labor-product into a commodity ( its " marketing ") is in reality not a simple process, but has many technical and social preconditions.

However, when one considers human labor to constitute a particular kind of activity among the many necessary to the production of goods, and when one considers that the price of other input factors like raw materials, machines, facilities, land or even other intermediate goods may vary based on the availability of such assets on a market, then the labor commodity is no more or less variable than any other, whether or not it is the sole source of surplus value, and hence profit.

However, the transformation from simple commodity production into capitalist production accompanying industrialisation requires profound changes in property relations, because it must be possible to trade freely in means of production and labour power ( the factors of production ).

However, many standard crop insurance policies do not differentiate between commodity crops and crops associated with particular attributes.

However, since there is no identifiable date at which DLC prices will converge, arbitrage positions sometimes have to be kept open for considerable periods of time.

However rising prices directly correlate to a housing shortage across the city and the entire metro area.

However, after discovering that some people were selling the autographed books online for high prices, he ended this practice as well.

However, some such as Jayati Ghosh, professor of economics at Jawaharlal Nehru University in New Delhi, have pointed out that prices have increased irrespective of supply and demand issues: Ghosh points to world wheat prices, which doubled in the period from June to December 2010, despite there being no fall in global supply.

However, declining cocoa production combined with falling cocoa prices, while oil prices soared.

However, in the second half of the 1980s, rising stock and real estate prices caused the Japanese economy to overheat in what was later to be known as the Japanese asset price bubble caused by the policy of low interest rate by Bank of Japan.

However since 2000, Kazakhstan's economy grew sharply, aided by increased prices on world markets for Kazakhstan's leading exports — oil, metals and grain.

However, Ricardo was troubled with some deviations in prices from proportionality with the labor required to produce them.

However, prices in the minimum wage sector were found to have risen significantly faster than prices in non-minimum wage sectors, most notably in the four years following the implementation of the minimum wage.

However, high prices attracted the entry of new firms into the industry who sought to take a piece of the total product.

However, during the Panic of 1893, the fall in demand led to a steep fall in prices.

However, these prices set by cartels only provided a short-term solution because cartel members would cheat on each other by setting a lower price than the price set by the cartel.

However, soon after making such investments, international prices for many of North Korea's native minerals fell, leaving the country with large debts and an inability to pay them off and still provide a high level of social welfare to its people.

However, as the number of users grows on eBay, auctions grow more competitive, pushing up the prices of bids on items.

However, economic progress was badly hurt by slumping oil prices in 1998, which worsened the Republic of the Congo's budget deficit.

However, when world coffee prices fell sharply in the 1980s, growth became erratic.

However, this St Helena staple industry fell into decline because of competition from synthetic fibres and also because the delivered price of the island ’ s flax was substantially higher than world prices.

However, On Digital Media ( ODM ), have stated that they are on track to begin sale of their product in May 2010, and that prices will be significantly cheaper than their competitor DStv.

However, the downside of the real estate boom was a corresponding rise in the levels of personal debt ; as prospective homeowners had struggled to meet asking prices, the average level of household debt tripled in less than a decade.

However, following declines in world prices for commodities, its economy became burdened with fiscal imbalances, heavy borrowing, and unprofitable state enterprises.