Respectfully Quoted: A Dictionary of Quotations. 1989.
Alan Greenspan (1926 )
We are obviously all hurt by inflation. Everybody is hurt by inflation. If you really wanted to examine who percentage-wise is hurt the most in their incomes, it is the Wall Street brokers. I mean their incomes have gone down the most.
ALAN GREENSPAN, chairman of the Council of Economic Advisers, at a conference on inflation, Washington, D.C., September 19, 1974.Report of the Health, Education, and Welfare, Income Security, Social Services Conference on Inflation, pp. 8045 (1974).