“It was not hard to persuade people that the market was sound; as always in such times they asked only that the disturbing voices of doubt be muted and that there be tolerably frequent expressions of confidence.”

Source: The Great Crash, 1929 (1954 and 1997 https://openlibrary.org/books/OL25728842M/The_Great_Crash_1929), Chapter V, The Twilight of Illusion, Section II, p. 70

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John Kenneth Galbraith 207
American economist and diplomat 1908–2006

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