About Quote by Christina Romer

The stock market crashed in October 1929. But that was not the cause of what caused the Great Depression. It was, in my opinion,…

— Milton Friedman

“Because in America there is a naive belief that we are all rugged individuals and can make it on our own, stock market and…

— Captain Hank Bracker, "Seawater One

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

— Ron Chernow

“The crash did not cause the Depression: that was part of a far broader malaise. What it did was expose the weaknesses that underpinned…

— Lucy Moore

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 accepted version of history is that the Federal Reserve was created to stabilize our economy. One of the most widely-used textbooks on this…

— G. Edward Griffin

The stock market is but a mirror which provides an image of the underlying or fundamental economic situation. Cause and effect run from the…

— John Kenneth Galbraith

Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became…

— Ben Bernanke

The Nasdaq bubble and crash were followed by the real estate bubble then subprime crash, which led to the unprecedented printing of trillions of…

— Robert Kiyosaki

People thought they were going to make a lot of money. And then at one point, it got too hot, and the government wanted…

— Jamie Dimon

A major boom in real stock prices in the US after Black Tuesday brought them halfway back to 1929 levels by 1930. This was…

— Robert J. Shiller

The Depression, which started in 1929 was rather mild from 1929 to 1930. And, indeed, in my opinion would have been over in 1931…

— Milton Friedman