Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess — Irving Fisher Copy Share Image
If two parties, instead of being a bank and an individual, were an individual and an individual, they could not inflate the circulating medium by a loan transaction, for the simple reason that the lender could not lend what he… — Irving Fisher Copy Share Image
The effort of the economist is to "see," to picture the interplay of economic elements. The more clearly cut these elements appear in his… — Irving Fisher Copy Share Image
The end of the decline of the Stock Market will probably not be long, only a few more days at most. — Irving Fisher Copy Share Image
The real scientific study of the distribution of wealth has, we must confess, scarcely begun. The conventional academic study of the so-called theory of… — Irving Fisher Copy Share Image
How much there is I want to do! I always feel that I haven't time to accomplish what I wish. I want to read… — Irving Fisher Copy Share Image
Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or… — Irving Fisher Copy Share Image
The rate of interest acts as a link between income-value and capital-value. — Irving Fisher Copy Share Image
Stock prices have reached what looks like a permanently high plateau. — Irving Fisher Copy Share Image
The U. S. is headed toward a period of business depression... beginning within the next two years, which may exceed that which preceded the… — Irving Fisher Copy Share Image
The public psychology of going into debt for gain passes through several more or less distinct phases: (a) the lure of big prospective dividends… — Irving Fisher Copy Share Image
![“The U. S. is headed toward a period of business depression... beginning within the next two years, which may exceed that which preceded the War. ... The only thing that will save us is a new gold policy or the discovery of a new process or additional gold fields. If the fall [of gold production]…” quote by Irving Fisher](https://sms4smile.com/quotes/img-quotes/dfd/irving-fisher-29435_accidents_the-u-s-is-headed-toward-a-period-of-bus_1719582.jpg)
