Bernard Baruch and Cold War

Soviet Bloc: Baruch coined the phrase Cold War in 1947 to describe relations between the Soviet Bloc and the West, according to The Toronto Star. One of his more oft-quoted lines is: If all you have is a hammer, everything looks like a nail. His name was Bernard Baruch, he was 94, a multimillionaire, philanthropist, adviser to five U.S. presidents and a keen observer of human nature. By which he meant, we see what we want to see. Baruch had made and lost his first million before he was 25, but recouped and then some within a few years. He was born in South Carolina, the son of a doctor who moved the family to New York after the American Civil War. (news.financializer.com). As reported in the news.