Killing the Dollar: Volcker Says Quantitative Easing May Create Inflation Former Federal Reserve Chairman Paul Volcker, an adviser to President Barack Obama, signaled that some investors are concerned about the potential inflation risks of quantitative easing and record-low interest rates.

“It does worry people” that “we’re going to create so much money that down the road we’ll create inflation,” Volcker, 83, said in response to a question about the global implications of quantitative easing at an event at the National University of Singapore today. “I don’t think that’s beyond the capacity of the central bank to deal with in the future. But they’re going to have to deal with it.”

Read more: