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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

Partly because his life ended before the age of 50, Hamilton was defined by the other founding fathers, and he managed, with amazing consistency, to alienate most of them. – Ron Chernow

Category:
amazing
Author
Ron Chernow
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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
Author
Ron Chernow
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Other Quotes from
Faith
category

I think there is a great deal of interest still in the Christian faith. – Rowan Williams

Category:
Faith

Stupidity, outrage, vanity, cruelty, iniquity, bad faith, falsehood – we fail to see the whole array when it is facing in the same direction as we. – Jean Rostand

Category:
Faith

It helps, I think, to consider ourselves on a very long journey: the main thing is to keep to the faith, to endure, to help each other when we stumble or tire, to weep and press on. – Mary Richards

Category:
Faith

Basically, there are two paths you can walk: faith or fear. Its impossible to simultaneously trust God and not trust God. – Charles Stanley

Category:
Faith

Random Quotes

The Lord longs to hear all of our concerns — any concern too small to be turned into a prayer is too small to be made into a burden. – Corrie Ten Boom, Clippings from My Notebook

Category:
Prayer

You are not here merely to make a living. You are here in order to enable the world to live more amply, with greater vision, with a finer spirit of hope and achievement. You are here to enrich the world, and you impoverish yourself if you forget the errand. – Woodrow Wilson

Category:
Hope

And that sweet city with her dreaming spires,
She needs not June for beautys heightening… – Matthew Arnold

Category:
City Life, Cities

I have no other view than to promote the public good, and am unambitious of honors not founded in the approbation of my Country. – George Washington

Category:
good