--- title: "Meaning & Key Takeaway of: People stop buying things, and that is…" description: "\"People stop buying things, and that is how you turn a slowdown into a recession.\" — Janet Yellen" image: "https://sms4smile.com/quotes/i/27e/janet-yellen-2828_buying_people-stop-buying-things-and-that-is-ho_1622342.png" --- # People stop buying things, and that is how you turn a… ![“People stop buying things, and that is how you turn a slowdown into a recession.” quote by Janet Yellen](https://sms4smile.com/quotes/i/27e/janet-yellen-2828_buying_people-stop-buying-things-and-that-is-ho_1622342.png) [Download](https://sms4smile.com/quotes/i/27e/janet-yellen-2828_buying_people-stop-buying-things-and-that-is-ho_1622342.png) [Open image](https://sms4smile.com/quotes/i/27e/janet-yellen-2828_buying_people-stop-buying-things-and-that-is-ho_1622342.png) > “People stop buying things, and that is how you turn a slowdown into a recession.” [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Consumer demand drives economic cycles; when purchases drop, it can trigger a broader recession. **In simple terms:** Low buying leads to recession. Key Takeaway Monitor and stimulate demand. Themes economics consumer behavior recession Mood analytical serious Type economic informative When to use this quote - business planning - government stimulus - marketing strategy Key Concepts macroeconomic policy aggregate demand Questions to Reflect On - How can businesses adapt to falling demand? - What policies best revive consumer confidence? A Different Perspective Policy responses may be delayed or insufficient. ★ ★ ★ ★ ★ No ratings yet [Buying](https://sms4smile.com/quotes/about/buying/) [Buying things](https://sms4smile.com/quotes/about/buying-things/) [How](https://sms4smile.com/quotes/about/how/) [People](https://sms4smile.com/quotes/about/people/) [Recession](https://sms4smile.com/quotes/about/recession/) [Slowdown](https://sms4smile.com/quotes/about/slowdown-290182/) [Slowdown Recession](https://sms4smile.com/quotes/about/slowdown-recession-290180/) [Stop](https://sms4smile.com/quotes/about/stop/) [Stop Buying](https://sms4smile.com/quotes/about/stop-buying-290181/) [Things](https://sms4smile.com/quotes/about/things/) [Turn](https://sms4smile.com/quotes/about/turn/) [Turn Slowdown](https://sms4smile.com/quotes/about/turn-slowdown-290183/) [You](https://sms4smile.com/quotes/about/you/) ## Related quotes > [Stop buying things you don't need, to impress people you don't even like.](https://sms4smile.com/quotes/suze-orman/stop-buying-things-you-don-t-need-to-impress-people-you-don-t-even/) [Suze Orman](https://sms4smile.com/quotes/author/suze-orman/) > [Obama's explanation for the slowdown in economic growth is that the public sector is hurting, and that's where Washington must step in and act.](https://sms4smile.com/quotes/john-podhoretz/obama-s-explanation-for-the-slowdown-in-economic-growth-is-that-the/) [John Podhoretz](https://sms4smile.com/quotes/author/john-podhoretz/) > [Democrats want to use the slowdown as an excuse to do what their special interests are always begging for: higher taxes, bigger government and…](https://sms4smile.com/quotes/mitt-romney/democrats-want-to-use-the-slowdown-as-an-excuse-to-do-what-their/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [During an economic slowdown, one needs to be cautious, but I think it's equally important to not get sucked into the vortex of defensive…](https://sms4smile.com/quotes/pankaj-patel/during-an-economic-slowdown-one-needs-to-be-cautious-but-i-think-it-s/) [Pankaj Patel](https://sms4smile.com/quotes/author/pankaj-patel/) > [In everybody's career there comes a moment when there is slowdown but one has to have that conviction and belief in themselves.](https://sms4smile.com/quotes/satish-kaushik/in-everybody-s-career-there-comes-a-moment-when-there-is-slowdown-but/) [Satish Kaushik](https://sms4smile.com/quotes/author/satish-kaushik/) > [We do see significant signs of a slowdown, in the economy worldwide.](https://sms4smile.com/quotes/marek-belka/we-do-see-significant-signs-of-a-slowdown-in-the-economy-worldwide/) [Marek Belka](https://sms4smile.com/quotes/author/marek-belka/) > [Women, stop buying the lingerie. Stop buying it right now. Oh, it's a big rip off. Oh my god, $18 bucks for panties this…](https://sms4smile.com/quotes/carol-leifer/women-stop-buying-the-lingerie-stop-buying-it-right-now-oh-it-s-a-big/) [Carol Leifer](https://sms4smile.com/quotes/author/carol-leifer/) > [If you ask me what I think people should be getting next season, I’ll tell you what I’d like them to buy—nothing. I’d like…](https://sms4smile.com/quotes/vivienne-westwood/if-you-ask-me-what-i-think-people-should-be-getting-next-season-i-ll/) [Vivienne Westwood](https://sms4smile.com/quotes/author/vivienne-westwood/) > [On what possible basis would I want to stop someone from buying BHS if I had tried to save it?](https://sms4smile.com/quotes/philip-green/on-what-possible-basis-would-i-want-to-stop-someone-from-buying-bhs/) [Philip Green](https://sms4smile.com/quotes/author/philip-green/) > [“1. Stop blaming China We taught them how to do what they are doing 2. Take responsibility – purchase consciously, purchase less, don’t go…](https://sms4smile.com/quotes/tom-galey/1-stop-blaming-china-we-taught-them-how-to-do-what-they-are-doing-2/) [Tom Galey](https://sms4smile.com/quotes/author/tom-galey/) > [I have a weakness for watches. I have to stop myself buying more.](https://sms4smile.com/quotes/tom-jones/i-have-a-weakness-for-watches-i-have-to-stop-myself-buying-more/) [Tom Jones](https://sms4smile.com/quotes/author/tom-jones/) > [Eminem knows that Republicans buy songs - his songs - too. His message to them is to stop buying.](https://sms4smile.com/quotes/bari-weiss/eminem-knows-that-republicans-buy-songs-his-songs-too-his-message-to/) [Bari Weiss](https://sms4smile.com/quotes/author/bari-weiss/) > [I'm always trying to come to terms with the fact that people could stop buying my records and coming to the shows tomorrow, and…](https://sms4smile.com/quotes/alex-g/i-m-always-trying-to-come-to-terms-with-the-fact-that-people-could/) [Alex G](https://sms4smile.com/quotes/author/alex-g/) > [“When you run out of money — stop buying.”](https://sms4smile.com/quotes/frank-sonnenberg/when-you-run-out-of-money-stop-buying/) [Frank Sonnenberg](https://sms4smile.com/quotes/author/frank-sonnenberg/) > [In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most…](https://sms4smile.com/quotes/janet-yellen/in-the-five-years-since-the-end-of-the-great-recession-the-economy/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) ## More by Janet Yellen > [Nationally, the share of mortgages that are underwater fell by about one-half between 2011 and 2014.](https://sms4smile.com/quotes/janet-yellen/nationally-the-share-of-mortgages-that-are-underwater-fell-by-about/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Are deviations from full employment a social problem? Obviously.](https://sms4smile.com/quotes/janet-yellen/will-capitalist-economies-operate-at-full-employment-in-the-absence/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Individuals out of work for an extended period can become less employable as they lose the specific skills acquired in their previous jobs and…](https://sms4smile.com/quotes/janet-yellen/individuals-out-of-work-for-an-extended-period-can-become-less/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [For decades, the pace of technological change in manufacturing has outstripped that in the economy as a whole. And, so, firms - manufacturing firms…](https://sms4smile.com/quotes/janet-yellen/for-decades-the-pace-of-technological-change-in-manufacturing-has/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow…](https://sms4smile.com/quotes/janet-yellen/for-my-own-part-i-did-not-see-and-did-not-appreciate-what-the-risks/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [It's important for market participants to have a sense of how we think about the economy and the appropriate path of policy, to look…](https://sms4smile.com/quotes/janet-yellen/it-s-important-for-market-participants-to-have-a-sense-of-how-we/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [If there is a job that you feel passionate about, do what you can to pursue that job; if there is a purpose about…](https://sms4smile.com/quotes/janet-yellen/if-there-is-a-job-that-you-feel-passionate-about-do-what-you-can-to/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Although we work through financial markets, our goal is to help Main Street, not Wall Street.](https://sms4smile.com/quotes/janet-yellen/although-we-work-through-financial-markets-our-goal-is-to-help-main/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [I felt that the Fed had always been the agency that picked up the pieces when there was a financial crisis, and it was…](https://sms4smile.com/quotes/janet-yellen/i-felt-that-the-fed-had-always-been-the-agency-that-picked-up-the/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Increased business sales would almost certainly raise the productive capacity of the economy by encouraging additional capital spending, especially if accompanied by reduced uncertainty…](https://sms4smile.com/quotes/janet-yellen/increased-business-sales-would-almost-certainly-raise-the-productive/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [There were a lot of manufacturing jobs lost over a long period of time and particularly after - during the Great Recession. We've had…](https://sms4smile.com/quotes/janet-yellen/there-were-a-lot-of-manufacturing-jobs-lost-over-a-long-period-of/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Uncertainty about sales impedes business planning and could harm capital formation just as much as uncertainty about inflation can create uncertainty about relative prices…](https://sms4smile.com/quotes/janet-yellen/uncertainty-about-sales-impedes-business-planning-and-could-harm/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Stronger productivity growth would tend to raise the average level of interest rates and, therefore, would provide the Federal Reserve with greater scope to…](https://sms4smile.com/quotes/janet-yellen/stronger-productivity-growth-would-tend-to-raise-the-average-level-of/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [The Federal Open Market Committee (FOMC) is committed to policies that promote maximum employment and price stability, consistent with our mandate from Congress.](https://sms4smile.com/quotes/janet-yellen/the-federal-open-market-committee-fomc-is-committed-to-policies-that/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [To me, the greatest asset of the Fed is the people. We have a tremendously dedicated staff... They feel proud to work for the…](https://sms4smile.com/quotes/janet-yellen/to-me-the-greatest-asset-of-the-fed-is-the-people-we-have-a/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) [Explore all 148 Janet Yellen quotes ](https://sms4smile.com/quotes/author/janet-yellen/) ## More Buying quotes > [To me, the beauty of a quilt or a dress lies within the stitches and the thought of the person who made them. When…](https://sms4smile.com/quotes/natalie/to-me-the-beauty-of-a-quilt-or-a-dress-lies-within-the-stitches-and/) [Natalie](https://sms4smile.com/quotes/author/natalie/) > [Look at music for what it's worth around the world and not just America. In other countries, people are still buying CDs and going…](https://sms4smile.com/quotes/snoop-dogg/look-at-music-for-what-it-s-worth-around-the-world-and-not-just/) [Snoop Dogg](https://sms4smile.com/quotes/author/snoop-dogg/) > [Corporations invest in sophisticated CRM, or Customer Relationship Management, programs to effectively oversee their relationship with their customers at every point during the buying…](https://sms4smile.com/quotes/marc-ostrofsky/corporations-invest-in-sophisticated-crm-or-customer-relationship/) [Marc Ostrofsky](https://sms4smile.com/quotes/author/marc-ostrofsky/) > [I'm being called in by all the great casting directors. It's no longer based on a headshot. I realize now what they're buying is…](https://sms4smile.com/quotes/nicholas-gonzalez/i-m-being-called-in-by-all-the-great-casting-directors-it-s-no-longer/) [Nicholas Gonzalez](https://sms4smile.com/quotes/author/nicholas-gonzalez/) > [Whether you are buying a car or casting a ballot, choosing a job or planning a family, follow your moral compass. Don't let others…](https://sms4smile.com/quotes/denis-hayes/whether-you-are-buying-a-car-or-casting-a-ballot-choosing-a-job-or/) [Denis Hayes](https://sms4smile.com/quotes/author/denis-hayes/) > [A hardback's harder at Christmas time because that's a good hardback buying time.](https://sms4smile.com/quotes/terry-pratchett/a-hardback-s-harder-at-christmas-time-because-that-s-a-good-hardback/) [Terry Pratchett](https://sms4smile.com/quotes/author/terry-pratchett/) > [Truth is, people like buying things for $0.99 and $1.99 for their digital devices. We know that from iTunes. We know that from the…](https://sms4smile.com/quotes/jennifer-lee/truth-is-people-like-buying-things-for-0-99-and-1-99-for-their/) [Jennifer Lee](https://sms4smile.com/quotes/author/jennifer-lee/) > [There's a whole generation of women who never really heard the word investment before, when it came to fashion. They've been buying things because…](https://sms4smile.com/quotes/michael-kors/there-s-a-whole-generation-of-women-who-never-really-heard-the-word/) [Michael Kors](https://sms4smile.com/quotes/author/michael-kors/) > [I think buying a home is the best investment that any individual can make](https://sms4smile.com/quotes/john-paulson/i-think-buying-a-home-is-the-best-investment-that-any-individual-can/) [John Paulson](https://sms4smile.com/quotes/author/john-paulson/) > [The more a prospective customer clicks on you and your stuff, the easier it is for them to make a buying decision in your…](https://sms4smile.com/quotes/jeffrey-gitomer/the-more-a-prospective-customer-clicks-on-you-and-your-stuff-the/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [“If you have half a nothing - sell it for a double something, resell half at double-price, and buy another something and a half…](https://sms4smile.com/quotes/will-advise/if-you-have-half-a-nothing-sell-it-for-a-double-something-resell-half/) [Will Advise](https://sms4smile.com/quotes/author/will-advise/) > [Every kid looks forward to buying their first JanSport backpack for school - you know my kids did!](https://sms4smile.com/quotes/michelle-buteau/every-kid-looks-forward-to-buying-their-first-jansport-backpack-for/) [Michelle Buteau](https://sms4smile.com/quotes/author/michelle-buteau/) > [What is the focus of the new image infrastructure? Attention. It's all designed for capturing, tracking, quantifying, manipulating, holding, buying, selling and controlling attention.](https://sms4smile.com/quotes/bruce-mau/what-is-the-focus-of-the-new-image-infrastructure-attention-it-s-all/) [Bruce Mau](https://sms4smile.com/quotes/author/bruce-mau/) > [It’s always going to be easy to live like others or other’s life, because creating or innovating something of own is always difficult in…](https://sms4smile.com/quotes/anuj/it-s-always-going-to-be-easy-to-live-like-others-or-other-s-life/) [Anuj](https://sms4smile.com/quotes/author/anuj/) > [The truth is, if I was maybe better or funnier or prettier, wouldn't I have starred in a movie? I can see it objectively…](https://sms4smile.com/quotes/judy-greer/the-truth-is-if-i-was-maybe-better-or-funnier-or-prettier-wouldn-t-i/) [Judy Greer](https://sms4smile.com/quotes/author/judy-greer/) [Browse all 1,598 Buying quotes ](https://sms4smile.com/quotes/about/buying/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "People stop buying things, and that is how you turn a slowdown into a recession.", "creator": { "@type": "Person", "name": "Janet Yellen" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/janet-yellen/people-stop-buying-things-and-that-is-how-you-turn-a-slowdown-into-a/", "about": { "@type": "Thing", "name": "Buying" }, "@id": "https://sms4smile.com/quotes/janet-yellen/people-stop-buying-things-and-that-is-how-you-turn-a-slowdown-into-a/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/27e/janet-yellen-2828_buying_people-stop-buying-things-and-that-is-ho_1622342.png", "contentUrl": "https://sms4smile.com/quotes/i/27e/janet-yellen-2828_buying_people-stop-buying-things-and-that-is-ho_1622342.png", "url": "https://sms4smile.com/quotes/i/27e/janet-yellen-2828_buying_people-stop-buying-things-and-that-is-ho_1622342.png", "width": 1080, "height": 1080, "caption": "“People stop buying things, and that is how you turn a slowdown into a recession.” — Janet Yellen", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Janet Yellen", "item": "https://sms4smile.com/quotes/author/janet-yellen/" }, { "@type": "ListItem", "position": 4, "name": "People stop buying things, and that...", "item": "https://sms4smile.com/quotes/janet-yellen/people-stop-buying-things-and-that-is-how-you-turn-a-slowdown-into-a/" } ], "@id": "https://sms4smile.com/quotes/janet-yellen/people-stop-buying-things-and-that-is-how-you-turn-a-slowdown-into-a/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```