The Great Depression Quotes

The Great Depression Quote of the day

Our generation has had no Great Depression, no Great War. Our war is spiritual. Our depression is our lives.

Bernanke has cultivated this idea that he is a brilliant scholar of The Great Depression, but that’s not true at all.

The remedy [for the Great Depression] is to give the workers access to the means of production, and let them produce for themselves, not for others, . . . the American way.

Unemployment is sky-rocketing; deflation is in our future for the first time since the Great Depression. I don't care whose fault it is, it's the truth.

I am worried that the collapse of home prices might turn out to be the most severe since the Great Depression.

We will not have any more crashes in our time.

FISHER SEES STOCKS PERMANENTLY HIGH

American labor may now look to the future with confidence.

Although I was not aware of it at the time, the experience of growing up during the Great Depression was to have a profound impact on my intellectual and professional career.

For the immediate future, at least, the outlook (stocks) is bright.

The most striking development of the great depression of 1929 is a profound skepticism of the future of contemporary society among large sections of the American people.

We have hit bottom and are on the upswing.

The Federal Reserve the privately owned U.S. central bank definitely caused The Great Depression by contracting the amount of currency in circulation by one third from 1929 to 1933.

We are really on track for a soft landing. There are no balloons popping.

The Great Depression in the United States was caused - I won't say caused, was enormously intensified and made far worse than it would have been by bad monetary policy.

The Government's business is in sound condition.

From a generation that came of age during the Great Depression, millions of our country's best and bravest took up arms in a worldwide struggle against tyranny.

The country is not in good condition.

Men and women whose early youth was shaped in the ordeal of the Great Depression showed the values formed in that crucible when tyranny threatened a world.

Once supply begins to dwindle, the years to follow will see shortages that at best will cause global recession, possibly worse than the 1930s Great Depression, ... war, famine, pestilence and death.

I think there is universal agreement within the economics profession that the decline - the sharp decline in the quantity of money played a very major role in producing the Great Depression.

But through world wars and a Great Depression, through painful social upheaval and a Cold War, and now through the attacks of September 11, 2001, our Nation has indeed survived.

The worst is over without a doubt.

I see no reason why 1931 should not be an extremely good year.

I am convinced that through these measures we have reestablished confidence.

Looking to the future I see in the further acceleration of science continuous jobs for our workers. Science will cure unemployment.

Financial storm definitely passed.

The money cost of the reservoir plan literally fades into insignificance when it is compared with the financial burden which the great depression imposed on the nation.

How much would you pay to avoid a second Depression?

I once read that more millionaires per capita were created during the Great Depression than at any other time in history.

Ever since the Great Depression, we know that one of the key ways in which the US economy has stimulated growth is by manufacturing weapons and exporting war to other countries.

It's almost worth the Great Depression to learn how little our big men know.

September and October of 2008 was the worst financial crisis in global history, including the Great Depression.

We have had a great depression in agriculture, caused mainly by several seasons of bad harvests, and some of our traders have suffered much from a too rapid extension in prosperous years.

Our whole Depression was brought on by gambling, not in the stock market alone but in expanding and borrowing and going in debt... all just to make some easy money quick.

After the war, Prohibition was passed, and with liquor no longer legally available the nation plunged headlong into the Great Depression.

A guy I interviewed for Hard Times says, "What do I remember about the Great Depression? That I was hungry, that's all." Elemental things.

World War II ended the Great Depression with one of the great public-private industrial collaborations in the history of man.

Our sense of the free market is variable, shifting from a more welfare-oriented model after the Great Depression to a capital-driven market after the collapse of socialism as a viable alternative.

What the market is doing is going through a correction, which it really needed. It's getting down to where it's reasonable.

During the Great Depression African Americans understood that Republicans championed citizenship and voting rights, but they became impatient for economic emancipation.

Everything I learned about the Great Depression was from a college textbook.

It is reported that about 30% of the world's population is unemployed. That's worse than the Great Depression, but it's now an international phenomenon.

One of [ways being lucky] was to go to school during the Great Depression because teaching became a plum job.

all that has changed, in my opinion, is that, thanks to television, we can hide a great depression. we may even be hiding a third world war

Well, I never lived through the Great Depression, sometimes I feel as though I did.

We beat the Great Depression without lotteries and legalized gambling

So I analyzed that and decided I didn't want to be the president during a depression greater than the Great Depression, or the beginning of a depression greater than the Great Depression.

There was something superficial in attributing anything so awful as the Great Depression to anything so insubstantial as speculation in common stocks.

I don't worry about new home sales