Franklin D. Roosevelt: Reckless Banking
on Friday, June 12, 2015Franklin D. Roosevelt Money Quotation saying on election-eve of 1936, that stopping corruption of business and banking was critical to our democracy. Franklin D. Roosevelt said:
“We had to struggle with the old enemies of peace — business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering” — Franklin D. Roosevelt
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The best interpretation of Franklin Roosevelt’s quote is that he emphasized the need to address the longstanding challenges of peace, including business and financial monopolies, speculation, reckless banking, class conflict, regionalism, and war profiteering.
By acknowledging these issues, he highlighted the importance of addressing these systemic problems to ensure a more equitable and stable society