How are we to put idle men, money and machinery to work? by Marriner Eccles, Fed chairman 1934-1948 (after saving his family’s bank from collapse) h/t @M_C_Kleinfraser.stlouisfed.org/files/docs/his… /1
“..I am sure we can all agree, namely, that our economic condition, with the existing large volume of men, idle money and idle plant equipment, is unsatisfactory and that a material improvement must be brought about to vindicate and preserve our economic system.” /2