Quote of the Day
Authors Categories Blog Quote Maker Videos
 

Paul Krugman Quotes: Under the gold standard America had no major financial panics other than in 1873, 1884, 1890, 1893, 1907, 1930, 1931, 1932, and 1933.
         

Under the gold standard America had no major financial panics other than in 1873, 1884, 1890, 1893, 1907, 1930, 1931, 1932, and 1933.


Paul Krugman
Check all other quotes by Paul Krugman

Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.

Embed:

Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.





Citation

Use the citation below to add this quote to your bibliography:


Styles:

×

MLA Style Citation


"Paul Krugman Quotes." Quoteslyfe.com, 2024. Tue. 23 Apr. 2024. <https://www.quoteslyfe.com/quote/Under-the-gold-standard-America-had-no-941379>.





Check out


Other quotes of Paul Krugman


Rising inequality isn’t about who has the knowledge; it’s about who has the power.

Rising inequality isn’t about who has the knowledge; it’s about who has the power.



Bad ideas flourish because they are in the interest of powerful groups.

Bad ideas flourish because they are in the interest of powerful groups.



A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble

A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble



Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.

Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.



So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.

So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.



Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.

Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.



There are no atheists in foxholes and there are no libertarians in financial crises.

There are no atheists in foxholes and there are no libertarians in financial crises.



We should try to create the society each of us would want if we didn't know in advance who we'd be.

We should try to create the society each of us would want if we didn't know in advance who we'd be.



Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.

Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.



If you want to understand opposition to climate action, follow the money.

If you want to understand opposition to climate action, follow the money.





Other quotes you may like


It is what it is. Isn't that how these things always go? They are what they are. We just get to cope.

It is what it is. Isn't that how these things always go? They are what they are. We just get to cope.



I'll never wake up in a good mood again.I'm tired of these stinky boots

I'll never wake up in a good mood again.I'm tired of these stinky boots



My dreams are of water. And my nightmares.

My dreams are of water. And my nightmares.



I see you that have a little swimming mouse

I see you that have a little swimming mouse



Good land, evill way.

Good land, evill way.



We have places in America that really have been just forgotten.

We have places in America that really have been just forgotten.



God doesn't do things halfway. He goes all out! When God does something, it's not just barely enough, mediocre or lukewarm.

God doesn't do things halfway. He goes all out! When God does something, it's not just barely enough, mediocre or lukewarm.



You can't go wrong with fish and chips.

You can't go wrong with fish and chips.



I think it's both annoying and beneficial that there's so much freedom online.

I think it's both annoying and beneficial that there's so much freedom online.



The best way to achieve self-esteem is to do something worthy of esteem.

The best way to achieve self-esteem is to do something worthy of esteem.




Quote Description


This page presents the quote "Under the gold standard America had no major financial panics other than in 1873, 1884, 1890, 1893, 1907, 1930, 1931, 1932, and 1933.". Author of this quote is Paul Krugman. This quote is about america, money, gold, financial,.