1929 Crash Quotes & Sayings

After the 1929 crash, the Federal Reserve mistakenly focused its policies on preserving the gold value of the dollar rather than on stabilizing the domestic economy. — Ben Bernanke

I can think of no honorable answer. Why must some of us deliberate between brands of toothpaste, while others deliberate between damp dirt and bone dust to quiet the fire of an empty stomach lining? There is nothing about the United States I can really explain to this child of another world. — Barbara Kingsolver

What am I to choose? "Choose what you please, as long as you choose." There you have a foolish answer, which seems to be the outcome, however, of all Dogmatism, which will not allow us to be ignorant of that which we are ignorant. — Michel De Montaigne

Deeply buried in the mind, there lies a mechanism that accepts what the mind experiences as beautiful and pleasant and rejects those experiences that are perceived as ugly and painful. This mechanism gives rise to those states of mind that we are training ourselves to avoid
things like greed, lust, hatred, aversion, and jealousy. — Henepola Gunaratana

I told them that my grandfather had died in the Great Crash of 1929 - a stockbroker jumped out of a window and crushed him and his pushcart down below. — Mario Cuomo

I never thought I would be the oldest quarterback in the National Football League at one point, not in a million years. I never thought I would play as long as I did, either, seventeen years from start to finish, with stops in Houston, Minnesota, Seattle, and Kansas City. — Warren Moon

Some calamities - the 1929 stock market crash, Pearl Harbor, 9/11 - have come like summer lightning, as bolts from the blue. The looming crisis of America's Ponzi entitlement structure is different. Driven by the demographics of an aging population, its causes, timing and scope are known. — George Will

Alas, in 1929 came the Stock Market crash and everything changed and became worrisome. People started practicing conservatism because of financial losses, myself included. — Pola Negri

The meaning of sex is illustrated by two eponymous heroes of British history, King Edward VII (who flourished in the years before the First World War) and the King Edward variety of potato which has fed the British working class for almost as long). The potato, unlike the royal family, reproduces asexually. Every King Edward potato is identical to every other and each on has the same set of genes as the hoary ancestor of all potatoes bearing that name. This is convenient for the farmer and the grocer, which is why sex is not encouraged among potatoes. — Steve Jones

Income inequality increased quite sharply in the United States during the 1920s, however, peaking on the eve of the 1929 crash with more than 50 percent of national income going to the top decile - — Thomas Piketty

In the 1920s, he decided that it was cheaper to drill for oil than to buy the overvalued shares of other oil companies. After the 1929 stock market crash, he completely changed tack; he saw that oil shares were selling at a great discount to assets, and he turned to prospecting for oil on the floor of the stock exchange - in — Daniel Yergin

I grew up in a really small town, so it wasn't really a fashion-forward place, and it was very casual. — Behati Prinsloo

Bulls don't read. Bears read financial history. As markets fall to bits, the bears dust off the Dutch tulip mania of 1637, the Banque Royale of 1719-20, the railway speculation of the 1840s, the great crash of 1929. — James Buchan

Are you afraid of him? Are you getting distant from friends or family because he makes those relationships difficult? Is your level of energy and motivation declining, or do you feel depressed? Is your self-opinion declining, so that you are always fighting to be good enough and to prove yourself? Do you find yourself constantly preoccupied with the relationship and how to fix it? Do you feel like you can't do anything right? Do you feel like the problems in your relationship are all your fault? Do you repeatedly leave arguments feeling like you've been messed with but can't figure out exactly why? — Lundy Bancroft

Vertue never growes old. — George Herbert

Economist Frederick Thayer has studied the history of our balanced-budget crusades and has come up with some depressing statistics. We have had six major depressions in our history (1819, 1837, 1857, 1873, 1893 and 1929); all six of them followed sustained periods of reducing the national debt. We have had almost chronic deficits since the 1930s, and there has been no depression since then - the longest crash-free period in our history. — Molly Ivins

You don't have to echo my feelings, Mencheres, but you can't talk me out of them either. I love you" Her smile was wry. "Deal with it. — Jeaniene Frost

The stock market crash in October 1929 didn't destroy a particularly large amount of wealth or make people highly pessimistic. Rather, it made companies and consumers very unsure about future income, and so led them to stop spending as they waited for more information. — Christina Romer

Most of those who manage investment operations or who have sizable amounts of money to invest are, indeed, Republican in their politics. Naturally, perhaps inevitably, they believe in the politicians they support, the doctrines these profess, and the economic advantage flowing therefrom. It is especially easy for those seemingly so blessed to be persuaded of the new and approximately infinite opportunities for enrichment inherent in a Republican age under a Republican regime. So in 1929; so again before the crash in 1987. All so vulnerable and all so affected, whatever their politics, should be warned. T — John Kenneth Galbraith

...and I wondered what it felt like to live inside such disloyal skin. — Tayari Jones

Sicily is more beautiful than any woman. — Truman Capote

After 1929, so many people had been traumatized by the stock market crash that there was a lost generation. — Ron Chernow

A major boom in real stock prices in the U.S. after 'Black Tuesday' brought them halfway back to 1929 levels by 1930. This was followed by a second crash, another boom from 1932 to 1937, and a third crash. Speculative bubbles do not end like a short story, novel, or play. There is no final denouement that brings all the strands of a narrative into an impressive final conclusion. In the real world, we never know when the story is over. — Robert J. Shiller

Banks gamed the system, fucked society, caused the crash of 1929, drove the world into the abyss and paved the way for the rise of fascism - Stalin, Hitler - and they got despicably, disgustingly rich in the process. Banks. Banks did all that. — J.R. Moehringer