• THERE is widespread agreement among economists that abuse of credit constitutes one of the chief unwholesome elements in business booms and is mainly responsible for the ensuing crash and depression.

  Source: Storage and Stability Part III, Ch. XIII, The Reservoir Plan and Credit

  Benjamin Graham
  British-born American economist, professor and investor
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Subjects in these quotes:

1. constitutes
2. unwholesome
3. responsible
4. depression
5. ensuing
6. booms

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THERE is widespread agreement among economists that abuse of credit constitutes one of the chief unwholesome elements in business booms and is mainly responsible for the ensuing crash and depression. by : Benjamin Graham

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