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Paul A. Volcker

Paul A. Volcker

economist, banker, politician

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1927  – 2019

Paul Adolph Volcker Jr. was an American economist who served as the 12th chairman of the Federal Reserve from 1979 to 1987. During his tenure as chairman, Volcker was widely credited with having ended the high levels of inflation seen in the United States throughout the 1970s and early 1980s, with measures known as the Volcker shock. He previously served as the president of the Federal Reserve Bank of New York from 1975 to 1979.

All Quotes by Paul A. Volcker

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

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