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Paul Volcker Quotes: It was probably a mistake to allow gold to rise so high.
         

It was probably a mistake to allow gold to rise so high.


Paul Volcker
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"Paul Volcker Quotes." Quoteslyfe.com, 2024. Sun. 22 Dec. 2024. <https://www.quoteslyfe.com/quote/It-was-probably-a-mistake-to-allow-944101>.





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Other quotes of Paul Volcker


The only thing useful banks have invented in 20 years is the ATM.

The only thing useful banks have invented in 20 years is the ATM.



The standard of living of the average American has to decline.

The standard of living of the average American has to decline.



I wish someone would give me one shred of neutral evidence that financial innovation has led to economic growth — one shred of evidence.

I wish someone would give me one shred of neutral evidence that financial innovation has led to economic growth — one shred of evidence.



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.

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.



When I hear complaints about less liquidity, remember there is such a thing as too much liquidity.

When I hear complaints about less liquidity, remember there is such a thing as too much liquidity.



A global economy requires a global currency.

A global economy requires a global currency.



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.

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.



I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy.

I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy.



It was the biggest inflation and the most sustained inflation that the United States had ever had.

It was the biggest inflation and the most sustained inflation that the United States had ever had.



If, at the end of the day, we need to raise taxes, we should raise taxes.

If, at the end of the day, we need to raise taxes, we should raise taxes.





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Let come the forces of night! We will stand!" "We will get the hell out of here is what we will do, " I muttered.

Let come the forces of night! We will stand!" "We will get the hell out of here is what we will do, " I muttered.




I did not see the sense in chasing a little white ball around a field.

I did not see the sense in chasing a little white ball around a field.



No space of regret can make amends for one life's opportunity misused

No space of regret can make amends for one life's opportunity misused



We need to challenge our own thinking.

We need to challenge our own thinking.



Everything bigger than life attracts a crowd.

Everything bigger than life attracts a crowd.



Every now and then go away, have a little relaxation, for when you come back to your work your judgment will be surer.

Every now and then go away, have a little relaxation, for when you come back to your work your judgment will be surer.



At a time when so many scholars in the world are calculating, is it not desirable that some, who can, dream ?

At a time when so many scholars in the world are calculating, is it not desirable that some, who can, dream ?




Though we may not necessarily forfeit our lives in service to our God, we can certainly demonstrate our love for Him by how well we serve Him.

Though we may not necessarily forfeit our lives in service to our God, we can certainly demonstrate our love for Him by how well we serve Him.




Quote Description


This page presents the quote "It was probably a mistake to allow gold to rise so high.". Author of this quote is Paul Volcker. This quote is about gold, mistake, investing,.