Boom and Bust Quotes

The bull market, rising prices, earning lots of money, make it seem as if the good days will never end. When prices are falling and there is a recession, that also feels as though it will last for ever. Politics is the same. People simply can't imagine changing circumstances.

Britain does not want a return to boom and bust.

From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts.

History is fickle. We know that. The good and bad come around and go around, and go around again. There are recessions and depressions and economic boom and bust.

The boom, not the slump, is the right time for austerity at the Treasury.

Remember that history always repeats itself. Every great bubble in history has broken. There are no exceptions.

There has always been, and there always will be, an economic cycle.

America had been a boom-and-bust economy going into the Great Depression - just over and over and over, fortunes were wiped out, ordinary families were crushed under it.

Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.

The early '20s were like the waist of an hourglass. Lots of things were hurtling toward it and squeezing through it and then hurtling out the other side.

As 'Austrian' business cycle theory has pointed out, any bank credit inflation sets up conditions for boom-and-bust; there is no need for prices actually to rise.

Labour economic stability has replaced Tory boom and bust

Booms are great while they last but they don’t last forever.

Viewed from a distance, or through the eye of the All-Knowing CEO of the Universe, the crash of 2008 followed the usual pattern. A long-lived boom driven by cheap credit, going back as far as 1982 (though subject to interruptions in the mid-1980s and 1990s, and in 2001), came to grief because of a rise in the cost of borrowing money.

Gordon Brown promised to abolish boom and bust. He has kept half his promise.

Examine the legacy that we inherited and what we did. We had boom-and-bust economics and a doubled national debt.

Boom and bust is a term that applied to the Conservative years and two of the worst recessions in history.

There is no evidence that the business cycle has been repealed.

The euphoria around economic booms often obscures the possibility for a bust, which explains why leaders typically miss the warning signs.

...capitalism does live by crises and booms, just as a human being lives by inhaling and exhaling.

Economic freedom is a highly desirable state -- but in bust and boom we must be prepared to face the its consequences.

What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance. There are periods of booms, bubbles, and manias. These things, if left to themselves, can lead to crashes, to busts, to panics.

Capitalism is chronically unstable.Boom and bust has always marked capitalism in the United States. There were panics in 1785, 1791, 1819, 1857, 1869, 1873, 1907, 1929 and 1987.In economies and politics, as in war, an astonishing number of people die, like the man on the railway crossing, defending their right of way. This is a poorly developed instinct in Switzerland. No country so firmly avows the principles of private enterprise but in few have the practical concessions to socialism been more numerous and varied.

Indeed, Britain was set to repeat the old, familiar cycle of boom and bust. Since then, we have created and rigorously adhered to a new framework of modern economic management

The term 'business cycle' is imprecise. Economic fluctuations affect everyone, not just businesses, and they are, unlike astral cycles, anything but regular.