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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?
![[Australian Reserve Bank] Governor MacFarlane ...](/storage/always/paul-keating/paul-keating-quote-pic-948743.jpg)