Quotes About Supply
In every country it always is and must be the interest of the great body of the people to buy whatever they want of those who sell it cheapest.
~ Henry Hazlitt
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Prices are determined by supply and demand, and demand is determined by how intensely people want a commodity and what they have to offer in exchange for it.
~ Henry Hazlitt
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What a commodity has cost to produce in the past cannot determine its value. That will depend on the present relationship of supply and demand.
~ Henry Hazlitt
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Up to a certain point it is necessary to produce shoes. But it is also necessary to produce coats, shirts, trousers, homes, plows, shovels, factories, bridges, milk and bread. It would be idiotic to go on piling up mountains of surplus shoes, simply because we could do it, while hundreds of more urgent needs went unfilled.
~ Henry Hazlitt
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For it is the very commodities selected for maximum price-fixing that the regulators most want to keep in abundant supply. But when they limit the wages and the profits of those who make these commodities, without also limiting the wages and profits of those who make luxuries or semiluxuries, they discourage the production of the price-controlled necessities while they relatively stimulate the production of less essential goods.
~ Henry Hazlitt
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Por consiguiente, en el mejor de los casos, la consecuencia de fijar un precio máximo a un artículo determinado será provocar su escasez. Esto es precisamente lo contrario de lo que los gobernantes pretendían, pues precisamente los artículos objeto de tasa son los que más desean mantener en abundante oferta.
~ Henry Hazlitt
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The high food value of field beans and the shortage of supply due to the light yields of 1915 and 1916 render them of great importance in the regions to which they are adapted.
~ David F. Houston
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If you have a lot of what people want and can't get, then you can supply the demand and shovel in the dough.
~ Lucky Luciano
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Nearly everyone interested in common stocks wants to be told by someone else what he thinks the market is going to do. The demand being there, it must be supplied.
~ Benjamin Graham
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I would like nuclear fusion to become a practical power source. It would provide an inexhaustible supply of energy, without pollution or global warming.
~ Stephen Hawking
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Though they won't say, it has been estimated that Cargill and ADM together probably buy somewhere near a third of all the corn grown in America.
~ Michael Pollan
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Rare earth elements are crucial for the electronics industry but are mostly found in China. (Rare earths are located everywhere in small quantities, but the Chinese rare earth industry makes up 97 percent of the world trade.
~ Michio Kaku
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A supply ship was named the Surprise. That . . . was not encouraging.
~ Mike Shepherd
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We economists don't know much, but we do know how to create a shortage. If you want to create a shortage of tomatoes, for example, just pass a law that retailers can't sell tomatoes for more than two cents per pound. Instantly you'll have a tomato shortage. It's the same with oil or gas.
~ Milton Friedman
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Inflation is caused by too much money chasing after too few goods.
~ Milton Friedman
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Markets go up not because there is abundance of buyers, but because there is a lack of sellers.
~ Rakesh Jhunjhunwala
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Around 13 percent of people worldwide are malnourished. How much food would it take to meet their caloric needs? Just 3 percent of the global food supply. To put that in context, 30–50 percent of the world's food gets lost post-harvest, wasted in global supply chains or scraped off dinner plates and into kitchen bins.44 Hunger could, in effect, be ended with just 10 percent of the food that never gets eaten.
~ Kate Raworth
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LAW: Long-term price stability is possible only when the money supply is based upon the gold (or silver) supply without government interference.
~ G. Edward Griffin
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A variety of factors contribute to the price of gasoline in the United States. These factors include worldwide supply, demand and competition for crude oil, taxes, regional differences in access to gasoline supplies and environmental regulations.
~ Gary Miller
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Money, as Remmy had taught them, was phony baloney in the dreamworld. It was as fake as Fakesville, and it was well-known that Finkel continually enlarged the supply of money, making it worth less and less. While the busy bees of the Unum toiled for their meager wages, Finkel dreamcasted trillions of Un-coins into existence and either spent them on hairbrained projects or lent them to his colleagues and friends.
~ Brian Sanders
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Think of that, ye loyal Britons! we whalemen supply your kings and queens with coronation stuff!
~ Herman Melville
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To which end grace me with thine arms, since any shadow seen Of thy resemblance, all the pow'r of perjur'd Troy will fly, And so our tired friends will breathe: our fresh-set-on supply Will easily drive their wearied off.
~ Homer
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Certainly, Effendi,' the man bowed Bond to the lift. 'But alas the plumbers are in your former room. The water supply . . .' the voice trailed away. The lift rose about ten feet and stopped at the first floor. Well, the story of the plumbers makes sense, reflected Bond. And, after all, there was no harm in having the best room in the hotel.
~ Ian Fleming
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A consignment bound for Peru, Argentina's ally, was blocked. But other countries, including Iran, were willing to sell. There was also a black market. British agents, posing as arms dealers, bought up the supply.
~ Ian Mcewan
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