Paul A. Volcker Famous Quotes & Sayings

Share on Facebook Share on Twitter Share on Google+ Pinterest Share on Linkedin

10 Paul A. Volcker Famous Sayings, Quotes and Quotation.

Paul A. Volcker Sayings: When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do.
More pictures »
Paul A. Volcker Sayings: Double-digit inflation is a terrible thing - and it got up to 14 or 15 Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed.
More pictures »
Paul A. Volcker Sayings: What's the subject of life - to get rich? All of those fellows out there What's the subject of life - to get rich? All of those fellows out there getting rich could be dancing around the real subject of life.
Paul A. Volcker Sayings: You could not buy a house in those days without just assuming that the house You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America.
Paul A. Volcker Sayings: Well, by the standards of a lot of countries, by Latin American standards, it wasn't Well, by the standards of a lot of countries, by Latin American standards, it wasn't so bad.
Paul A. Volcker Sayings: I am suspicious of the idea of a new paradigm, to use that word, an I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy.
Paul A. Volcker Sayings: By the time I became chairman and there was more of a feeling of urgency, By the time I became chairman and there was more of a feeling of urgency, there was a willingness to accept more forceful measures to try to deal with the inflation.
Paul A. Volcker Sayings: It was the biggest inflation and the most sustained inflation that the United States had It was the biggest inflation and the most sustained inflation that the United States had ever had.
Paul A. Volcker Sayings: Less emphasis on inventories, I think, may tend to dampen business cycles, because business cycles Less emphasis on inventories, I think, may tend to dampen business cycles, because business cycles are typically in the grasp of inventory cycles and heavy industry cycles.
Paul A. Volcker Sayings: The speed of communication, the speed of information transfer, the cheapness of communication, the ease The speed of communication, the speed of information transfer, the cheapness of communication, the ease of moving things around the world are a difference in kind as well as degree.