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Quote by Ron Chernow
The Great Inflation of the 1970s destroyed faith in paper assets,

The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before. – Ron Chernow

Other quotes by Ron Chernow

The public has lost faith in the ability of Social Security and Medicare to provide for old age. Theyve lost faith in the banking system and in conventional medical insurance. – Ron Chernow

Category:
Faith
Author
Ron Chernow
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We really havent had very much experience with people funding their retirement out of the stock market, and we dont know, frankly, how it would work under every scenario. – Ron Chernow

Category:
Experience
Author
Ron Chernow
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Other Quotes from
Faith
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True fans of the Constitution, like true fans of the national pastime, acknowledge the critical role of human judgment in making tough calls. We dont expect flawless interpretation. We expect good faith. We demand honesty. – Eric Liu

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Its easy to have faith in yourself and have discipline when youre a winner, when youre number one. What you got to have is faith and discipline when youre not a winner. – Vince Lombardi

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You just have to have a simple faith. – Jimmy Carter

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Were very open and outspoken about our faith and our beliefs. We also talk about our doubts, our moments of insecurities. We talk about it all day, how were inspired by God. We recognize little miracles every day, and thats how were raising our daughter. – Boris Kodjoe

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History, like a vast river, propels logs, vegetation, rafts, and debris; it is full of live and dead things, some destined for resurrection; it mingles many waters and holds in solution invisible substances stolen from distant soils. – Jacques Barzun, Clio and the Doctors

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Education is the art of making man ethical. – Georg Wilhelm Friedrich Hegel

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The Internet didnt get invented on its own. Government research created the Internet so that all the companies could make money off the Internet. The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together. – Barack Obama

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You know, religion itself, Eastern and Western, is divisive and quarrelsome anyway. – Deepak Chopra

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