A Quote by Paul A. Volcker
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.
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In the American political lexicon, 'change' always means more of the same: more government, more looting of Americans, more inflation, more police-state measures, more unnecessary war, and more centralization of power.
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.
The inexplicable happens all the time. It makes more sense to simply accept things we observe but cannot understand. It is really more scientific to keep an open mind. Until we can understand and explain the things we now label miracles, let us accept them and try to create more of them.
Fearful people are more dependent, more easily manipulated and controlled, more susceptible to deceptively simple, strong, tough measures and hard-line postures. ... They may accept and even welcome repression if it promises to relieve their insecurities.
What can I do to make sure that middle-class families are feeling more secure, that more young people are able to access opportunity, that we are safe, that we are working with our international partners to try to create more order at a time when there's a lot of chaos? How do we deal with terrorism in a way that's consistent with our values? As long as I stay focused on those north stars, then I tend not to get too rattled.
When we came into the studio I became more and more me, making the tracks and choosing the musicians, partly because a great deal of the time during Bridge, Artie wasn't there.
I would be uncomfortable raising the federal funds rate if readings on wage growth, core consumer prices, and other indicators of underlying inflation pressures were to weaken, if market-based measures of inflation compensation were to fall appreciably further, or if survey-based measures were to begin to decline noticeably.
Less is always more. The best language is silence. We live in a time of a terrible inflation of words, and it is worse than the inflation of money.
I was brought in by the White House as GM's chairman in 2009, around the time of the bankruptcy, and became CEO later that year. As a company, we were grateful for the government's support. But as GM's financial health began to improve, I could detect no real sense of urgency, or even interest, on the part of the government to relinquish control.
Every time the Fed implements 'quantitative easing,' a.k.a. printing more money, two things go up: taxes and inflation. When taxes and inflation go up, more jobs are lost.
I'm persistent. In the early '60s, when I first started making the rounds in New York for theater work, I became more and more enraged every time I had an interview or audition that went nowhere, and became more determined. I haven't lost that.
I kind of became a gym rat. The more results I saw, the more dedicated I became. It is such a great feeling to see your hard work pay off. I mean, if I'm gonna skip the In-N-Out burgers, there better be light at the end of the tunnel!
During the 1970s, inflation expectations rose markedly because the Federal Reserve allowed actual inflation to ratchet up persistently in response to economic disruptions - a development that made it more difficult to stabilize both inflation and employment.
I'm a writer. The more I act, the more resistance I have to it. If you accept work in a movie, you accept to be entrapped for a certain part of time, but you know you're getting out. I'm also earning enough to keep my horses, buying some time to write.
Every American wants MORE & MORE of the world and why not, you only live once. But the mistake made in America is persons accumulate more & more dead matter, machinery, possessions & rugs & fact information at the expense of what really counts as more: feeling, good feeling, sex feeling, tenderness feeling, mutual feeling. You own twice as much rug if you're twice as aware of the rug.
We are, by many measures, one of the more diverse cities in the country, growing more diverse all the time, and one of the more harmonious in terms of how we live together.
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