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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 A. Volcker
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"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 A. Volcker #workcareer

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Less emphasis on inventories, I think, may tend to dampen business cycles, because business cy…

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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 A. Volcker

About Paul A. Volcker

Paul A. Volcker was a Economist from United States (1927–2019).

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Frequently Asked Questions

Who said "Less emphasis on inventories, I think, may tend to dampen business cycles, beca…"?
This quote is attributed to Paul A. Volcker, a Economist from United States.
When did Paul A. Volcker live?
Paul A. Volcker lived from 1927 – 2019.
What is this quote about?
This quote touches on Work & Career. Browse more quotes on these themes from the categories page.