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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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Policemen so cherish their status as keepers of the peace and protectors of the public that they have occasionally been known to beat to death those citizens or groups who question that status.
David Mamet

Paul Volcker

Paul Volcker
Creative Commons

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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