America Quote by Gianni Agnelli
“Now between '45 and '48, things would change enormously, 'cos we'd had credit in United States, credit from the Bank of America, credit from the Import-Export Bank and people had started working again.”
About This Quote
Source Speech: Gianni Agnelli addressing shareholders, 1948
Post‑war credit expansion revived economic activity and employment.
In simple terms: Credit helped restart the economy.
Leverage credit to stimulate growth.
Themes
Mood
Type
When to use this quote
- business expansion
- government policy
- personal finance
Key Concepts
Questions to Reflect On
- How can credit be used responsibly?
- What safeguards prevent over‑borrowing?
Credit can also lead to debt crises if mismanaged.