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[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?
Paul Keating
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The excesses of the 80s must not reappear in the 90s, The last thing we need now is a return to the 80s philosophy of 'greed is good' and that the only useful interest is self-interest.
Paul Keating
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Good authors, too, who once knew better words Now only use four-letter words Writing prose — Anything goes.
Cole Porter
Paul Keating
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Born:
January 18, 1944
(age 80)
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