Political Quotes

Teddy Roosevelt: “In no nation are the fundamental business conditions sounder than in ours at this very moment; and it is foolish, when…”

On the record
In no nation are the fundamental business conditions sounder than in ours at this very moment; and it is foolish, when such is the case, for people to hoard money instead of keeping it in sound banks; for it is such hoarding that is the immediate occasion of money stringency.
Said by
Teddy Roosevelt
Republican · New York

Editor's note · Context

Roosevelt warns against hoarding money during prosperous times, advocating for sound banking practices.

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