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"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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"The condition you're in at this moment is the product of your previous thoughts, to change your condition, change your thoughts."
Personal Development
"Instead of clinging to the only Lifeboat that can save, we have tossed overboard biblical truths in the name of [compromise], living on the edge of life, like the man who rides the parameter of a hurricane, daring it to sweep him away."
"There is always a path to our target, the problem is to discover it!"
"Money isn't the solution to your problems. It only lets you carry your unhappiness around in style."
"From a cleansed conscience emerges a changed life."
"Simple things have greater power than the complicated things!"
"If he did not speak his tale, it grew dank and musty, it shrank inside him, while with the telling the tale stayed fresh and virtuous."
Explore more quotes by Paul A. Volcker
"I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy."
"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."
"Well, by the standards of a lot of countries, by Latin American standards, it wasn't so bad."
"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."
"Less emphasis on inventories, I think, may tend to dampen business cycles, because business cycles are typically in the grasp of inventory cycles and heavy industry cycles."
"It was the biggest inflation and the most sustained inflation that the United States had ever had."
"When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do."
"You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America."
"By the time I became chairman and there was more of a feeling of urgency, there was a willingness to accept more forceful measures to try to deal with the inflation."
"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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