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.
It's a whole different attitude toward public service than it once was. I tell you, we can all sit around in our old age and moan about it, but I th… - Paul Volcker
It's a whole different attitude toward public service than it once was. I tell you, we can all sit around in our old age and moan about it, but I th…
- Paul Volcker
The idea that when people see prices falling they will stop buying those cheaper goods or cheaper food does not make much sense. And aiming for 2 per… - Paul Volcker
The idea that when people see prices falling they will stop buying those cheaper goods or cheaper food does not make much sense. And aiming for 2 per…
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… - Paul Volcker
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…
A nation's exchange rate is the single most important price in its economy; it will influence the entire range of individual prices, imports and expo… - Paul Volcker
A nation's exchange rate is the single most important price in its economy; it will influence the entire range of individual prices, imports and expo…
The only thing useful banks have invented in 20 years is the ATM. - Paul Volcker
The only thing useful banks have invented in 20 years is the ATM.
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 Volcker
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.
I wish someone would give me one shred of neutral evidence that financial innovation has led to economic growth — one shred of evidence. - Paul Volcker
I wish someone would give me one shred of neutral evidence that financial innovation has led to economic growth — one shred of evidence.
The standard of living of the average American has to decline. - Paul Volcker
The standard of living of the average American has to decline.
When I hear complaints about less liquidity, remember there is such a thing as too much liquidity. - Paul Volcker
When I hear complaints about less liquidity, remember there is such a thing as too much liquidity.
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