#great depression

Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933. ↗

— Ben Bernanke

#crisis #depression #despite #essentially #federal

Because its hard to realize now that that was the end of the great depression, you know. All of a sudden all of this is in front of me and I'm solvent, you know. I'm making some money and I know where my next meal is coming from, and I have a new pair of shoes and that's it. ↗

— Robert McCloskey

#coming #depression #end #front #great

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. ↗

— Steve Buyer

#depression #early #formed #great #great depression

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. ↗

— Steve Buyer

#age #arms #best #bravest #came

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

— Jon Meacham

#depression #ended #great #great depression #history

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. ↗

— John Mellencamp

#deflation #depression #fault #first #first time