Quote of the Day
Posted by Chicago Boyz Archive on July 2nd, 2008 (All posts by Chicago Boyz Archive)
Blaming speculators for inflation is like blaming surfers for tsunamis.
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July 2nd, 2008 at 9:54 am
Exactly! Shoot the surfers!
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.