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 for an adequate but sound currency.”
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.
Implement strong financial regulation and sound money.
Themes
Mood
Type
When to use this quote
- banking reforms
- investment guidelines
- central bank policies
- legislative oversight
Key Concepts
Questions to Reflect On
- What modern safeguards mirror these ideas?
- How can we balance regulation with market freedom?
Political opposition may view regulation as restrictive.