Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933.
What does this quote mean?
This quote can be used as a reminder to reflect, share encouragement, or express a thoughtful idea. Create a quote image or explore related quotes below.
Best used for
- Instagram captions
- Pinterest quote pins
- Personal reflection
- Speeches
- Greeting cards
Caption suggestions
Instagram caption
"Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933." — Ben Bernanke #moneywealth
Pinterest title
Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate,…
Pinterest description
Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933. — Ben Bernanke
About Ben Bernanke
Ben Bernanke was a Public Servant from United States (1953–present).
Frequently Asked Questions
Who said "Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despit…"?
This quote is attributed to Ben Bernanke, a Public Servant from United States.
When did Ben Bernanke live?
Ben Bernanke lived from 1953 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.