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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

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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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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Other Quotes from
Faith
category

Christians can bring peace to multi-religious Europe because we are able to understand the role of faith in the lives of other believers better than atheists. – Timothy Radcliffe

Category:
Faith

Hope is the belief we might get it done, and faith is the knowledge we will get it done. – Tom Shadyac

Category:
Faith

There must be a tomorrow, because my life overflows today. – Lois Chartrand

Category:
Faith

Faith must trample under foot all reason, sense, and understanding. – Martin Luther

Category:
Faith

Random Quotes

An infinite God ought to be able to protect Himself, without going in partnership with State Legislatures. – Robert Ingersoll, quoted in Ingersoll the Magnificent

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Through mutual understanding, sincerity and goodwill, and with great wisdom and broad views, the leaders on both sides should jointly initiate new opportunities for peace, stability, cooperation and mutual benefit. – Chen Shui-bian

Category:
great

Life is not a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside, thoroughly used up, totally worn out, and loudly proclaiming – Anon.

Category:
Life

What is success? It is a toy balloon among children armed with pins. – Gene Fowler

Category:
Success