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.

Quote by Paul A Volcker

Topics: Inflation 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...

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,...

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...

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...

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...

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...

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...

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...

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...

Foreign trade clearly has been a reason why inflation has been low.

Foreign trade clearly has been a reason why inflation has been low.

We have to keep our eye on inflation, but so far inflation remains reasonably in...

We have to keep our eye on inflation, but so far inflation remains reasonably in...

Inflation is bringing us true democracy. For the first time in history, luxuries and necessities...

Inflation is bringing us true democracy. For the first time in history, luxuries and necessities...

Inflation is like sin; every government denounces it and every government practices it.

Inflation is like sin; every government denounces it and every government practices it.

Inflation outstripped real wages for people who work for pay from others.

Inflation outstripped real wages for people who work for pay from others.

I don't mind going back to daylight saving time. With inflation, the hour will be...

I don't mind going back to daylight saving time. With inflation, the hour will be...

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get...

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get...

The US is about to go all Billy the Kid. Inflation is going to keep...

The US is about to go all Billy the Kid. Inflation is going to keep...

Production is the only answer to inflation.

Production is the only answer to inflation.

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get...

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get...