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" On October 16, 1929, Fisher proudly proclaimed in the New York Times that stocks had reached a “permanently high plateau.”18 The stock market was to crash starting October 24, 1929, and as the Depression deepened, it would not be until the mid-1950s, years after Fisher died, that the stock market would get back to the “permanently high plateau” Fisher had proclaimed in 1929. "

Saifedean Ammous , The Bitcoin Standard: The Decentralized Alternative to Central Banking


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Saifedean Ammous quote : On October 16, 1929, Fisher proudly proclaimed in the New York Times that stocks had reached a “permanently high plateau.”18 The stock market was to crash starting October 24, 1929, and as the Depression deepened, it would not be until the mid-1950s, years after Fisher died, that the stock market would get back to the “permanently high plateau” Fisher had proclaimed in 1929.