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A nation's exchange rate is the single most important price in its economy; it will influence the entire range of individual prices, imports and exports, and even the level of economic activity. So it is hard for any government to ignore large swings in its exchange rate...

Paul Volcker

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The Constitution was the expression not only of a political faith, but also of political fears. It was wrought both as the organ of the national interest and as the bulwark of certain individual and local rights.
Herbert Croly

Paul Volcker

Paul Volcker
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Born: September 5, 1927
Died: December 8, 2019 (aged 92)
Bio: Paul Adolph Volcker Jr. was an American economist. He was Chairman of the Federal Reserve under Presidents Jimmy Carter and Ronald Reagan from August 1979 to August 1987.

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