Walter Annenberg on Insulation of Money

Posted by admin on Tuesday, July 1, 2014

Walter Annenberg Money Quotation saying he saw no ill effect from the Great Depression because he was wealthy. Walter Annenberg said:
Walter Annenberg I didn't feel the Depression at all. I always had a pocketful of money quote

“I didn’t feel the Depression at all. I always had a pocketful of money” — Walter Annenberg


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In this quote, American publisher and philanthropist Walter Annenberg seems to be acknowledging that his personal experience differed greatly from many who suffered during the Great Depression era.

By stating that he “didn’t feel the Depression at all” and “always had a pocketful of money”, Annenberg implies that his wealth insulated him from the widespread economic hardship of that time period.

The quote conveys Annenberg’s perspective that having ample financial resources allowed him to avoid the struggles of the Depression years that impacted millions of others who were unemployed, impoverished and struggling to afford basic necessities.

His comment suggests that significant personal wealth can buffer individuals from experiencing broader societal downturns or recessions in a direct, meaningful way.

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