Paul Volcker Quotes

Paul Volcker Quotes: The idea that when people see prices falling they will stop buying those cheaper goods or cheaper food does not make much sense. And aiming for 2 percent inflation every year means that after a decade prices are more than 25 percent higher and the price level doubles every generation. That is not price stability, yet they call it price stability. I just do not understand central banks wanting a little inflation.
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Paul Volcker Quote: 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..
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