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Quote by Paul Volcker

“Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed.”

Quote by Paul Volcker

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Paul Volcker
Paul Volcker

Paul Volcker, born on September 5, 1927, is an accomplished economist from the United States. He is renowned for his significant contributions to the field of financial policy. During his tenure as the Chairman of the Federal Reserve System in the 1970s, he successfully combated inflation, earning him the title of one of the most influential central bankers in American history. more

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