Who is right?

The party of the first part:
If you have any interest in building a high-quality audio system, the experts will tell you to spend what you can on speakers first, and spend on an amplifier second. This approach has been further reinforced by engineers who say there is no audible difference among amplifiers within a given price range. But you can’t hear your CD player or your speakers without an amplifier. |source|

Or, the party of the second part:
A principle that I want to be sure you understand is the hierarchy of Hi Fi. No component should ever be better than the component which precedes it (except maybe when evaluating equipment.) If the speakers outclass the rest of the system they will simply show you what a poor job the turntable or amplifier is doing. It is true that the speakers are often the weakest link of a cheap system and some improvement may be had by upgrading them but going beyond a point will make the sound worse. |source|

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