"The United States economy is like a poker game where the chips have become concentrated in fewer and fewer hands, and where the other fellows can stay in the game only by borrowing. When their credit runs out the game will stop."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Businesspeople from the United StatesEconomists from the United StatesLatter Day SaintsPeople from Utah
Original Language: English
Available Languages (1)
Sources
Beckoning Frontiers (1966 [1951])
https://en.wikiquote.org/wiki/Marriner_Stoddard_Eccles
Revision History
No revisions have been submitted for this quote.
Categories
Marriner Stoddard Eccles
1934 – 1948
Marriner Stoddard Eccles (September 9, 1890 – December 18, 1977) was an American banker, economist and Chairman of the Federal Reserve (1934–1948).
1 quote on TrueQuotesView all quotes by Marriner Stoddard Eccles →
Related Quotes
"Artificial intelligence is too consequential to leave ungoverned."
"AI literacy must become foundational."
"The rules that govern the use of artificial intelligence will shape our future more than the technology itself."
"That choice is human, not technological."
"What remains largely unbuilt is the connective layer that turns participation into practical capability."
"As so often before, liberty has been wounded in the house of its friends. Liberty in the wild and freakish hands of f…"
"I must atone for my wealth. I will reward the country of my adoption for the great benefits I have gathered."
"... I was interested in cooking long before I even knew there was a computer. ... I started, I think when I was nine …"
"... Find something you really love. ... Don’t be afraid to change your mind if you find that you really love somethin…"
"Myhrvold, whose favortie adjective is "cool," does not conform to the Microsoft stereotype, although he has a master'…"