• Cartels have spread and will spread as long as the world lacks an effective mechanism by which balanced expansion may be achieved without a resulting disruption of prices.

  Source: World Commodities and World Currencies Ch. II, The Issue of Cartels, p. 21

  Benjamin Graham
  British-born American economist, professor and investor
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Subjects in these quotes:

1. disruption
2. mechanism
3. expansion
4. resulting
5. without
6. prices

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Cartels have spread and will spread as long as the world lacks an effective mechanism by which balanced expansion may be achieved without a resulting disruption of prices. by : Benjamin Graham

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