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

Quote by Paul A Volcker

Topics: Paul A Volcker Quotes

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...

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...

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

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

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...

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...

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...

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...

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,...

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...

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...