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

You dont want too much fear in a market, because people will be blinded to some very good buying opportunities. You dont want too much complacency because people will be blinded to some risk. – Ron Chernow

Category:
Fear
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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
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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
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Other Quotes from
Faith
category

I was brought up the Mexican way, where actors are paid very little and every part you take is an act of faith. If people respect that, then great. – Gael Garcia Bernal

Category:
Faith

One of the embarrassing problems for the early nineteenth-century champions of the Christian faith was that not one of the first six Presidents of the United States was an orthodox Christian. – Mortimer Adler

Category:
Faith

Faith activates God – Fear activates the Enemy. – Joel Osteen

Category:
Faith

Faith is raising the sail of our little boat until it is caught up in the soft winds above and picks up speed, not from anything within itself, but from the vast resources of the universe around us. – W. Ralph Ward

Category:
Faith

Random Quotes

The American experiment is the most tremendous and far reaching engine of social change which has ever either blessed or cursed mankind. – Charles Francis Adams

Category:
America

Territory is but the body of a nation. The people who inhabit its hills and valleys are its soul, its spirit, its life. – James Garfield

Category:
USA Patriotic

My thoughts are crowded with death and it draws so oddly on the sexual that I am confused to be attracted by, in effect, my own annihilation. – Thom Gunn

Category:
AIDS

Ive never had a very quiet voice. I tried in choir to make it smaller, and it just didnt work out. And I listened to a lot of soul music when I was growing up on my own accord. But I was mostly into Mama Cass and Gladys Knight, and they all had big voices too just different than mine. – Beth Ditto

Category:
Music