32 Quotes by 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..

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.

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.

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.

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

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

must be broadly shared, starting, we believe, with member states and the Security Council itself.

We have found no corruption by the secretary general, ... his behavior has not been exonerated by any stretch of the imagination.