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Quote by Guillermo del Toro

“We are such skeptics that we find it difficult to believe in God and angels and a spiritual afterlife, but a moment of fear makes our spirit so vulnerable that it allows us to believe in something beyond that.”

Quote by Guillermo del Toro

Author

Guillermo del Toro
Guillermo del Toro

Guillermo del Toro, born on October 9, 1964, is a renowned Mexican film director known for his unique visual style and profound thematic explorations. His works, including 'Pan's Labyrinth', 'Hellboy', and 'Pacific Rim', are celebrated for their distinctive aesthetics and deep thematic content. more

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“The stock market crashed in October 1929. But that was not the cause of what caused the Great Depression. It was, in my opinion, a very minor element of it. What happened was that from 1929 to 1933 you had a major contraction which, in my opinion, was caused primarily by the failure of the Federal Reserve System, to follow the course of action for which it was set up. It was set up to prevent exactly what happened from 1929 to 1933. But instead of preventing it, they facilitated it.”

“What happened was that for every $100 of money, by which I mean the cash that people keep in their pockets, and the deposits they have in the bank, for every $100 of money that there was in 1929, by 1933 there was only $67. The Federal Reserve allowed the quantity of money to decline by a third. While, at all times, it had the possibilities and the power of preventing that from happening.”