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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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There is a kind of fear, approaching a panic, thats spreading through the Baby Boom Generation, which has suddenly discovered that it will have to provide for its own retirement. – Ron Chernow

Category:
Fear
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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Faith is an oasis in the heart which will never be reached by the caravan of thinking. – Khalil Gibran

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Justifying faith is not a naked assent to the truths of the gospel. – William Gurnall

Category:
Faith

The investigator should have a robust faith – and yet not believe. – Claude Bernard

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Faith

We got on his label, and the Bizarre organization is just going up and up. So we have faith. – Alice Cooper

Category:
Faith

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I find the fact that billionaires are quoted as if the fact that they are billionaires gives them some kind of wisdom is outrageous. – Ben Elton

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In an artwork youre always looking for artistic decisions, so an ashtray is perfect. An ashtray has got life and death. – Damien Hirst

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I have in sincerity pledged myself to your service, as so many of you are pledged to mine. Throughout all my life and with all my heart I shall strive to be worthy of your trust. – Queen Elizabeth II

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The point of power is always in the present moment. – Louise L. Hay

Category:
power