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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

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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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
Author
Ron Chernow
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Other Quotes from
Faith
category

Remember the sufferings of Christ, the storms that were weathered… the crown that came from those sufferings which gave new radiance to the faith… All saints give testimony to the truth that without real effort, no one ever wins the crown. – Thomas Becket

Category:
Faith

I have written too much history to have faith in it and if anyone thinks Im wrong, I am inclined to agree with him. – Henry Adams

Category:
Faith

In this new century, our commitment to family and to faith, to community and opportunity, to freedom and to hope, will be the light that shines to lead us forward. – Bill Owens

Category:
Faith

Moderation is part of faith, so those who accuse Muslim schools of fostering fanaticism should learn a bit more about Islam. – Cat Stevens

Category:
Faith

Random Quotes

I wish I had a great relationship with my mother. – Chely Wright

Category:
relationship

I stood up as best I could to their disgusting stupidity and brutality, but I did not, of course, manage to beat them at their own game. It was a fight to the bitter end, one in which I was not defending ideals or beliefs but simply my own self. – George Grosz

Category:
best

With care, and skill, and cunning art, She parried Times malicious dart, And kept the years at bay, Till passion entered in her heart and aged her in a day! – Ella Wheeler Wilcox

Category:
Art

I drifted into a summer-nap under the hot shade of July, serenaded by a cicadae lullaby, to drowsy-warm dreams of distant thunder. – Terri Guillemets

Category:
Summer