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"We asked the workers to give up 25 percent of their salaries. Imagine! We asked the industrialists to freeze all costs, no matter what the inflation is."
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Exlpore more Inflation quotes
"When runaway inflation and bank failures struck in Germany in the 1920s, the middle class was destroyed, which led directly to the rise of the Nazis."
"We asked the workers to give up 25 percent of their salaries. Imagine! We asked the industrialists to freeze all costs, no matter what the inflation is."
Explore more quotes by Shimon Peres
"He taught me literature, and he actually taught me how to read. He was my personal mentor."
"Now, I learned soon enough, that among the three, two don't trust the third one - the third one is the government. Both industry and unions feel the government is a talking organization and a spending organization."
"I think I was a good student, because I jumped over a school. My main interest was basically history and literature. Sports were basically basketball and swimming at a pool. I was so happy."
"There was one occasion when I was very young - eight years or seven years old - that Jewish businessmen went through the forest, and they were assassinated. And that was for the first time I saw in our paper where there were assassinations in our place."
"When you have two alternatives, the first thing you have to do is to look for the third that you didn't think about, that doesn't exist."
"Later on, there were some problems with our navy, so he made me the head of the navy - all things that I hardly knew anything about. I was basically an ignorant young man."
"I have a brother younger than me. My mother was a librarian, so from her, I got the taste to read."
"Early in the morning, I fell in love with the girl that later on became my wife. At that time, we were so naive. I wanted to charm her, so I read her Capital by Marx. I thought somehow she would be convinced by the strength of his criticism about capital."
"I worked with a group of people who argued day and night - professors, officials, the Minister of Finance - but there were decisions that I had to make."
"If I tax them, in fact, I'm not taxing the capitalists, I am taxing the people who have saved, trusted. It was very controversial, those sorts of things. But finally, it worked out."
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