famous quotes
Topics: Unique, Gold, Boards, Prominence, Central Banks
The standard of living of the average American has to decline.
source: - "Volcker Asserts U.S. Must Trim Living Standard". www.nytimes.com. October 18, 1979. 
source: - Paul A. Volcker, Toyoo Gyohten (1992). “Changing fortunes: the world's money and the threat to American leadership”, Crown
Topics: Government, Swings, Important, Imports
Topics: Moving, Communication, Differences, Cheapness
It was the biggest inflation and the most sustained inflation that the United States had ever had.
Topics: America, United States, Inflation
Topics: Double Standard, Feds, Terrible
When I hear complaints about less liquidity, remember there is such a thing as too much liquidity.
source: - 1971 In the Observer, 24 Sep.
Topics: Too Much, Remember, Complaints, Liquidity
source: - "‘Wake up, gentlemen’, world’s top bankers warned by former Fed chairman Volcker" by Patrick Hosking and Suzy Jagger, www.thetimes.co.uk. December 9, 2009.
Topics: Giving, Innovation, Growth
If, at the end of the day, we need to raise taxes, we should raise taxes.
source: - "Obama Economic Adviser Says U.S. Should Consider 'Value-Added Tax'". www.foxnews.com. April 07, 2010.
Topics: The End Of The Day, Needs, Should
Topics: Fall, Mean, Years, Price Stability
source: - Interview with Gary H. Stern, www.minneapolisfed.org. September 1, 2009.
Topics: Attitude, Thinking, Government, Different Attitude
