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Top Paul A Volcker Quotes

Browse top 7 most favorite famous quotes and sayings by Paul A Volcker.

Favorite Paul A Volcker Quotes

1. "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
2. "It was the biggest inflation and the most sustained inflation that the United States had ever had." ~ Paul A. Volcker
3. "Well, by the standards of a lot of countries, by Latin American standards, it wasn't so bad." ~ Paul A. Volcker
4. "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
5. "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 A. Volcker
6. "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
7. "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

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Jo Lane had in fact lived there for five years until she moved on. "Where did she go?" I asked innocently, not getting it. "I'm so sorry to be the one telling you this, but Jo passed last winter," the young nurse said. "She died," she added, probably because of my dazed look."
Author: Cat Patrick

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