From Wednesday's Guardian:
"Fluctuating exchange rates are a game of chess that any company will find difficult to control"
It's tempting to simply shake our heads, leave it there, and walk on. However, let's give David Caddle - for it was he - a chance. What could he mean?
1. Exchanges in chess aren't always equal
Quite true. I gave Simon Barnes a similar benefit of the doubt in an earlier instalment.
2. Chess is run by people whose primary interest is money
While I doubt Kirsan is out every lunchtime with his FIDE cronies drinking gin and eating churros, his disregard for the integrity of his activities is lamentable.
3. Chess can be damn complicated
Yes. I would suggest that chess is able to discombobulate the average person as much as the markets can.
4. In chess, even the best players choose the wrong strategy
Chess similes in a sporting context tend to mean little, but are otherwise harmless. If anything, trivialising the economy in this way highlights just how much the fortunes of billions are affected by the decisions of a few.
Take care when comparing things to chess. I might just overanalyse the crap out of them.
Chess Is Like... Index