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

I have developed a very strong partiality for the dead: they dont talk back, they dont sue, and they dont have angry relatives. – Ron Chernow

Category:
relationship
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If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals. – Ron Chernow

Category:
finance
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Other Quotes from
Faith
category

I am struck by the fact that personal faith and political agendas are intertwined more closely now than at any other time in recent history. – David E. Price

Category:
Faith

Christ does not save us by acting a parable of divine love he acts the parable of divine love by saving us. That is the Christian faith. – Austin Farrer

Category:
Faith

Without faith, nothing is possible. With it, nothing is impossible. – Mary McLeod Bethune

Category:
Faith

Non-violence requires a double faith, faith in God and also faith in man. – Mahatma Gandhi

Category:
Faith

Random Quotes

Hug a firefighter and feel warm all over. – Author Unknown

My original inspiration was my mom: a few years after the death of my dad, she started dating one my teachers! – Meg Cabot

Category:
dating

Act as if what you do makes a difference. It does. – William James

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Kwanzaa