Less emphasis on inventories, I think, may tend to dampen business cycles, because business cycles are typically in the grasp of inventory cycles and heavy industry cycles. (Paul Volcker)

Less emphasis on inventories, I think, may tend to dampen business cycles, because business cycles are typically in the grasp of inventory cycles and heavy industry cycles.

Paul Volcker

Related topics

business emphasis grasp heavy industry inventory less think

Related quotes

Business success is less a function of grandiose predictions than it is a result of being able to respond rapidly to real changes as they occur. View quote
Jack Welch
...those who say I am being punished are saying that god can't think of anything more vengeful than cancer for a heavy smoker. View quote
Christopher Hitchens
I think that there is nothing, not even crime, more opposed to poetry, to philosophy, ay, to life itself than this incessant business. View quote
Henry David Thoreau
Our great democracies still tend to think that a stupid man is more likely to be honest than a clever man, and our politicians take advantage of this prejudice by pretending to be even more stupid than nature made them. View quote
Bertrand Russell
The more that learn to read the less learn how to make a living. That's one thing about a little education. It spoils you for actual work. The more you know the more you think somebody owes you a living. View quote
Will Rogers