And after they have started the action will always look, as it did to the frightened men in the Federal Reserve Board in February 1929, like a decision in favor of immediate as against ultimate death. As we have seen, the immediate death not only has the disadvantage of being immediate but of identifying the executioner.


Chapter IX, Cause and Consequence, Section VII, p 190 - The Great Crash, 1929 (1954 and 1997)

John Kenneth Galbraith Quotes

And after they have started the action will always look, as it did to the frightened men in the Federal Reserve Board in February 1929, like a...

And after they have started the action will always look, as it did to the frightened men in the Federal Reserve Board in February 1929, like a...

And after they have started the action will always look, as it did to the frightened men in the Federal Reserve Board in February 1929, like a...

And after they have started the action will always look, as it did to the frightened men in the Federal Reserve Board in February 1929, like a...