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Quote of the Day

Posted by Lexington Green on July 2nd, 2008 (All posts by Lexington Green)

Blaming speculators for inflation is like blaming surfers for tsunamis.

Jonathan

 

This entry was posted on Wednesday, July 2nd, 2008 at 9:16 am and is filed under Markets and Trading, Quotations. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

2 Responses to “Quote of the Day”

  1. Ralf Goergens Says:
    July 2nd, 2008 at 9:54 am

    Exactly! Shoot the surfers!

  2. iamnotachef Says:
    July 2nd, 2008 at 10:42 am

    Short term fluctuations in the price can be attributed to “speculators,” but the last time I checked, the laws of economics were still in force. The price will, eventually, reach equilibrium. And it’s those pesky little things called studies, and research, and facts, that confuse our MSM friends.

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