Wednesday, January 27, 2010

A cure against the depression that wasn't applied

“Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. It will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up the wrecks from less competent people.”
Andrew W. Mellon

No comments:

Post a Comment