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Author Topic: "Trading Sardines"  (Read 4879 times)
Bitter Ender
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July 13, 2011, 09:29:04 PM
Last edit: July 13, 2011, 09:45:55 PM by Maged
 #1

"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".
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mmdough
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July 13, 2011, 09:33:59 PM
 #2

Sounds like Gresham's Law.
Exo
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July 13, 2011, 09:35:00 PM
 #3

Sounds like Gresham's Law.

Haha, I was just about to say this Cheesy
deepceleron
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July 13, 2011, 11:42:49 PM
 #4

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.
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July 14, 2011, 12:57:16 AM
 #5

I think this was a social commentary on bitcoins, perhaps? Just given the context, it seems like it.
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