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Cages Quote by Kenneth S. Deffeyes

“The economists all think that if you show up at the cashier's cage with enough currency, God will put more oil in ground,” quote by Kenneth S. Deffeyes
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“The economists all think that if you show up at the cashier's cage with enough currency, God will put more oil in ground,”

Kenneth S. Deffeyes

About This Quote

Source Quote: 1990s economic commentary, Kenneth S. Deffeyes, Financial Times

He cynically suggests that showing money to a cashier will cause God to increase oil production.

In simple terms: Money won’t magically increase oil supply.

Key Takeaway

Recognize limits of economic influence.

Themes

economics skepticism resource scarcity

Mood

critical skeptical

Type

economic philosophical

When to use this quote

  • investment decisions
  • energy planning
  • public discourse

Key Concepts

energy policy market dynamics

Questions to Reflect On

  • Do you think wealth can influence natural resources?
  • What are realistic ways to address oil scarcity?
A Different Perspective

Oversimplifies complex market forces.

2.6 out of 5 (5 ratings)

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