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Adequate Quote by Franklin D. Roosevelt

“Finally, in our progress toward a resumption of work we require two safeguards against a return of the evils of the old order: there must be a strict supervision of all banking and credits and investments; there must be an end to speculation with other people's money, and there must be provision…” quote by Franklin D. Roosevelt
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“Finally, in our progress toward a resumption of work we require two safeguards against a return of the evils of the old order: there must be a strict supervision of all banking and credits and investments; there must be an end to speculation with other people's money, and there must be provision for an adequate but sound currency.”

Franklin D. Roosevelt

About This Quote

Source Speech: Second Inaugural Address, Franklin D. Roosevelt, 1941

To avoid past economic evils, strict banking oversight, ending speculation, and a stable currency are essential safeguards.

In simple terms: Control banks, stop speculation, keep currency stable to prevent crises.

Key Takeaway

Implement strong financial regulation and sound money.

Themes

economics policy stability

Mood

cautious determined

Type

policy financial

When to use this quote

  • banking reforms
  • investment guidelines
  • central bank policies
  • legislative oversight

Key Concepts

regulation speculation currency stability

Questions to Reflect On

  • What modern safeguards mirror these ideas?
  • How can we balance regulation with market freedom?
A Different Perspective

Political opposition may view regulation as restrictive.

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