"Early in the 1970s, most Americans had never experienced inflation, so they weren't wary of it and allowed it to blossom. By the end of the decade, they were traumatized by it and assumed that it would never go away." Ray Dalio

"Early in the 1970s, most Americans had never experienced inflation, so they weren't wary of it and allowed it to blossom. By the end of the decade, they were traumatized by it and assumed that it would never go away." Ray Dalio

— English Quotes (@english_quotes) Jun 16, 2022