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

Quote by Paul A Volcker

Topics: Paul A Volcker Quotes

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

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

You could not buy a house in those days without just assuming that the house...

You could not buy a house in those days without just assuming that the house...

What's the subject of life - to get rich? All of those fellows out there...

What's the subject of life - to get rich? All of those fellows out there...

Double-digit inflation is a terrible thing - and it got up to 14 or 15...

Double-digit inflation is a terrible thing - and it got up to 14 or 15...

Well, by the standards of a lot of countries, by Latin American standards, it wasn't...

Well, by the standards of a lot of countries, by Latin American standards, it wasn't...

When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit...

When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit...

By the time I became chairman and there was more of a feeling of urgency,...

By the time I became chairman and there was more of a feeling of urgency,...

What's the subject of life - to get rich? All of those fellows out there...

What's the subject of life - to get rich? All of those fellows out there...

The speed of communication, the speed of information transfer, the cheapness of communication, the ease...

The speed of communication, the speed of information transfer, the cheapness of communication, the ease...

Less emphasis on inventories, I think, may tend to dampen business cycles, because business cycles...

Less emphasis on inventories, I think, may tend to dampen business cycles, because business cycles...