Christina Romer Quotes (11/15 Quotes)

„ The stock market crash in October 1929 didn't destroy a particularly large amount of wealth or make people highly pessimistic. Rather, it made companies and consumers very unsure about future income, and so led them to stop spending as they waited for more information. “

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11/15 quote by Christina Romer
Christina Romer Quote: The stock market crash in October 1929 didn't destroy a particularly large amount of wealth or make people highly pessimistic. Rather, it made companies and consumers very unsure about future income, and so led them to stop spending as they waited for more information.

Quote information

Topics: People, Made, Future, Information, Amount, Spending, Income, Consumers, Crash, October, Pessimistic, About, More, Make, Stock, Companies, Rather, Led, Stock Market, Destroy, Highly, Particularly, Large, Market, Stop

Author information

Christina Romer
Author born: December 25, 1958
Nationality: American
Author Profession: Economist