Paul A. Volcker Quotes

A collection of quotes by Paul A. Volcker.

Paul A. Volcker (1927-2019) was an American economist and central banker. He served as the Chairman of the Federal Reserve under Presidents Carter and Reagan from 1979 to 1987. Volcker is best known for implementing tough monetary policies to tackle high inflation, for which he hiked interest rates and reduced money supply significantly. This move, known as the "Volcker shock," contributed to short-term economic pain but eventually helped stabilize the US economy and curb inflation. Volcker's commitment to financial stability made him a revered figure in the world of economics and banking.

The speed of communication, the speed of information transfe

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 A. Volcker

Communication

What's the subject of life - to get rich? All of those fello

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

Business