Not that long ago I found myself at a lunch in the middle of London where a well known British business figure said something unexpected about the menace of rising inflation.
Any company with a board member who had been a senior executive for 30 years was doing pretty well right now, he said.
Why? Because that director would have dealt with high inflation before. “I was alive back then,” added the man, who was in his early fifties. “But I wasn’t running a company.”
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