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Paul Volcker Quotes

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If you don’t have some bad loans you are not in business  (Paul Volcker Quotes) 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 Quotes) 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.  (Paul Volcker Quotes) 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  (Paul Volcker Quotes) I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy  (Paul Volcker Quotes) 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 Volcker Quotes) 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  (Paul Volcker Quotes) If, at the end of the day, we need to raise taxes, we should raise taxes  (Paul Volcker Quotes) When I hear complaints about less liquidity, remember there is such a thing as too much liquidity  (Paul Volcker Quotes)