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Volcker, 91, is aghast at how Americans no longer trust in government, media, science or about anything else. He chastises Trump for exacerbating the problem.
The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...
To Volcker, there was no way we could “avoid a clash between monetary restraint….and the growth of economic activity;” this despite the truth that growing economies require more money, not less.
There’s a great story on the front page of the Wall Street Journal today, called “Two Kevins Battle to Be Next Fed Chair in ...
AP MACROECONOMICS FRQ PRACTICE: Draw two side-by-side graphs of the foreign exchange market for the Yen and the U.S. Dollar. Based on the clip, show the effect of the change in the supply of Yen on ...
Paul Volcker, the former Federal Reserve chairman who grew up in Teaneck, loomed larger than life — not only in height, but in the world of economics. Volcker, who as Federal Reserve chairman in ...
Paul Volcker was a towering figure in Washington. Not just because of his 6-foot-7 frame, but because of a steely personality and gritty determination to vanquish the worst bout of inflation ...
Paul Volcker, the legendary Federal Reserve Chairman who tamed rampant inflation in the 1970s, died one week ago at age 92. He was an intellectual giant, and I had a front-row seat to ...
Monetarism’s demerits very much inform the discussion of Paul Volcker. To this day, conservatives claim that by fiddling with the so-called “Fed funds rate,” Volcker arrested inflation.
American economist and chair of the Federal Reserve Paul Volcker testifies before the House Banking Committee in Washington, DC, on February 19, 1986. Mark Reinstein/Corbis via Getty Images.