Quote of the Day
Authors Categories Blog Quote Maker Videos
 

Paul Volcker Quotes: It was the biggest inflation and the most sustained inflation that the United States had ever had.
         

It was the biggest inflation and the most sustained inflation that the United States had ever had.


Paul Volcker
Check all other quotes by Paul Volcker

Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.

Embed:

Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.





Citation

Use the citation below to add this quote to your bibliography:


Styles:

×

MLA Style Citation


"Paul Volcker Quotes." Quoteslyfe.com, 2024. Fri. 26 Apr. 2024. <https://www.quoteslyfe.com/quote/It-was-the-biggest-inflation-and-the-944106>.





Check out


Other quotes of Paul Volcker


The only thing useful banks have invented in 20 years is the ATM.

The only thing useful banks have invented in 20 years is the ATM.



The standard of living of the average American has to decline.

The standard of living of the average American has to decline.



I wish someone would give me one shred of neutral evidence that financial innovation has led to economic growth — one shred of evidence.

I wish someone would give me one shred of neutral evidence that financial innovation has led to economic growth — one shred of evidence.



It was probably a mistake to allow gold to rise so high.

It was probably a mistake to allow gold to rise so high.



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.

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.



When I hear complaints about less liquidity, remember there is such a thing as too much liquidity.

When I hear complaints about less liquidity, remember there is such a thing as too much liquidity.



A global economy requires a global currency.

A global economy requires a global currency.



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.

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.



I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy.

I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy.



If, at the end of the day, we need to raise taxes, we should raise taxes.

If, at the end of the day, we need to raise taxes, we should raise taxes.





Other quotes you may like




There is a green hill far away, Without a city wall, Where the dear Lord was crucified, Who died to save us all.

There is a green hill far away, Without a city wall, Where the dear Lord was crucified, Who died to save us all.



Hopefully I'll be the first Mexican-American going into Hillbilly Heaven.

Hopefully I'll be the first Mexican-American going into Hillbilly Heaven.



I'm trapped inside of me and I don't go out at all. I go to bed at eight o'clock at night. I never go out during the week. I'm in psychotherapy four days a week, pretty heavy commitment to it.

I'm trapped inside of me and I don't go out at all. I go to bed at eight o'clock at night. I never go out during the week. I'm in psychotherapy four days a week, pretty heavy commitment to it.



It is good to divert our sorrow for other things to the root of all, which is sin. Let our grief run most in that channel, that as sin bred grief, so grief may consume sin.

It is good to divert our sorrow for other things to the root of all, which is sin. Let our grief run most in that channel, that as sin bred grief, so grief may consume sin.



I don't think many people will remember me when I retire.

I don't think many people will remember me when I retire.



I think before 1997 is over, NATO will have taken giant strides in what's called adaptation, the discussions about bringing the French fully into the NATO forces.

I think before 1997 is over, NATO will have taken giant strides in what's called adaptation, the discussions about bringing the French fully into the NATO forces.



If you build a good name, eventually, that name will be its own currency.

If you build a good name, eventually, that name will be its own currency.




Quote Description


This page presents the quote "It was the biggest inflation and the most sustained inflation that the United States had ever had.". Author of this quote is Paul Volcker. This quote is about america, inflation, united states,.