Quote by Herbert Hoover, Address at Des M

Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.

Let me remind you that credit is the lifeblood of business,

Summary

This quote emphasizes the essential role that credit plays in the functioning of businesses, the economy, and employment. It suggests that without credit, businesses would struggle to survive and thrive, leading to potential negative consequences for prices and job opportunities. Credit enables businesses to access the necessary funds to invest, expand operations, and create jobs, ultimately fueling economic growth. Therefore, this quote highlights the indispensable importance of credit in sustaining and stimulating business activities, maintaining stable prices, and fostering employment opportunities.

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By Herbert Hoover, Address at Des M

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