“[Australian Reserve Bank] Governor MacFarlane said recently when Paul Volcker broke the back of American inflation it's regarded as the policy triumph of the Western world. When I broke the back of Australian inflation they say, "Oh, you're the fellow that put the interest rates up." Am I not the same fellow that gave them the 15 years of good growth and high wealth that came from it?”
Quote by Paul Keating
Author
Paul Keating
Paul Keating, born on January 18, 1944, is a former Prime Minister of Australia. He served as the Prime Minister from 1983 to 1991, during which he pushed for economic reforms and foreign policy initiatives. Keating is known for his distinctive political style and strong nationalism. more
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