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Title: "Trading Sardines" Post by: Bitter Ender on July 13, 2011, 09:29:04 PM "TRADING SARDINES"
It comes from a story about a man who joined a friend down at the docks. They were working in a fish market. Their job was to "trade" fish. All day long the price would change dramatically, the action was fast and furious. Buying and selling, selling, buying, etc. Making and losing large sums of money. Finally the day ended. The man was hungry so he opened one of the fish containers he had been trading and took a bite. "Hey", he exclaimed, "these fish are rotten!". "Those aren't eating sardines", his friend explained, "they are TRADING sardines". Title: Re: "TRADING SARDINES" Post by: mmdough on July 13, 2011, 09:33:59 PM Sounds like Gresham's Law.
Title: Re: "TRADING SARDINES" Post by: Exo on July 13, 2011, 09:35:00 PM Sounds like Gresham's Law. Haha, I was just about to say this :D Title: Re: "Trading Sardines" Post by: deepceleron on July 13, 2011, 11:42:49 PM Sounds more like trading in pork bellies futures contracts, you can make or loose money trading them, but if you keep them, you get pork bellies.
Title: Re: "Trading Sardines" Post by: Cyclone on July 14, 2011, 12:57:16 AM I think this was a social commentary on bitcoins, perhaps? Just given the context, it seems like it.
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