One Shred Quotes by Paul Volcker

More Quotes by Paul Volcker

Paul Volcker has 15 quotes on this site. A few more worth reading:

• A global economy requires a global currency.
• That day the U.S. announced that the dollar would be devalued by 10 percent. By switching the yen to a floating exchange…
• It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more…
• The only thing useful banks have invented in 20 years is the ATM.
• If, at the end of the day, we need to raise taxes, we should raise taxes.
• I wish someone would give me one shred of neutral evidence that financial innovation has led to economic growth — one shred…
• When I hear complaints about less liquidity, remember there is such a thing as too much liquidity.
• The standard of living of the average American has to decline.
• Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a…
• It was the biggest inflation and the most sustained inflation that the United States had ever had.
• Less emphasis on inventories, I think, may tend to dampen business cycles, because business cycles are typically in the grasp of inventory…
• I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy.

See all 15 quotes by Paul Volcker »