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“The only thing we have to fear is fear itself.”

This quote has no known author and is recorded as an anonymous proverb.

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Roosevelt spoke during a run on the banks, when the danger was that panic itself would make the situation worse. The sentence is not a dismissal of fear but an instruction to stop amplifying it, which is a narrower and more usable claim than it first sounds.

Source: First Inaugural Address, 4 March 1933

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