Business Quote by Herbert Hoover
“Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.”
About This Quote
Source Speech: Economic Policy Address, 1932
Credit fuels business, prices, and employment; without it, the economy stalls.
In simple terms: Credit is essential for economic health.
Key Takeaway
Maintain healthy credit systems.
Themes
economics
business
employment
Mood
informative
pragmatic
Type
economic
financial
When to use this quote
- banking
- investment
- government planning
Key Concepts
finance
market stability
policy
Questions to Reflect On
- How does credit affect everyday life?
- What safeguards protect against credit abuse?
A Different Perspective
Credit can be misused.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)
