Famous quotes containing the words economic depression, economic and/or depression:
“Economic depression can not be cured by legislative action or executive pronouncement.”
—Herbert Hoover (1874–1964)
“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.”
—Ernest Hemingway (1899–1961)
“That terrible mood of depression of whether it’s any good or not is what is known as The Artist’s Reward.”
—Ernest Hemingway (1899–1961)