"At many points during our nation's history, there have been times - known in our history textbooks as "panics" - when adverse conditions affecting the financial and economic sectors of the country have caused individuals to hoard more than they need"
About this Quote
The diction does heavy lifting. “Adverse conditions affecting the financial and economic sectors” is antiseptic, almost bureaucratically passive, as if recessions happen the way humidity happens. No actors, no decisions, no culprits. Then he pivots to the one human behavior he’s willing to name: “individuals” who “hoard more than they need.” That’s a moral word, not an economic one. It relocates the problem from institutions to personal conduct, from policy failures to pantry ethics. In the middle of systemic stress, the audience gets a familiar story: ordinary people, acting irrationally, make scarcity worse.
The subtext is an appeal for social discipline without sounding coercive. He’s not ordering anyone to stop hoarding; he’s reminding them that history judges it as a symptom of “panic,” a kind of civic embarrassment. The line also quietly preps cover for government or market interventions: if the public can be characterized as panicky, then stabilizing measures read less like controversial power and more like adult supervision.
Contextually, it’s classic crisis rhetoric from a U.S. lawmaker: depersonalize the causes, personalize the blame, and wrap it all in a patriotic timeline.
Quote Details
| Topic | Saving Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Bonner, Jo. (2026, January 15). At many points during our nation's history, there have been times - known in our history textbooks as "panics" - when adverse conditions affecting the financial and economic sectors of the country have caused individuals to hoard more than they need. FixQuotes. https://fixquotes.com/quotes/at-many-points-during-our-nations-history-there-145946/
Chicago Style
Bonner, Jo. "At many points during our nation's history, there have been times - known in our history textbooks as "panics" - when adverse conditions affecting the financial and economic sectors of the country have caused individuals to hoard more than they need." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/at-many-points-during-our-nations-history-there-145946/.
MLA Style (9th ed.)
"At many points during our nation's history, there have been times - known in our history textbooks as "panics" - when adverse conditions affecting the financial and economic sectors of the country have caused individuals to hoard more than they need." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/at-many-points-during-our-nations-history-there-145946/. Accessed 12 Feb. 2026.




