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With notably rare exceptions, the voyage of the Titanic was uneventful. – Alan Greenspan, former chairman of the Federal Reserve and one of the faces of the 2008 financial crisis, was pretty serious when he wrote this in a column in the Financial Times. Well, not exactly this, but something similar: “With notably rare exceptions, the global ‘invisible hand’ has created relatively stable exchange rates, interest rates, prices, and wage rates.” His statement is now memefied in hundreds, making for a great laugh. My favourite so far: With notably rare exceptions, Mrs. Lincoln enjoyed the play.

From Weekly Filet #13, in April 2011.

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