Last year Paul Volcker wrote: “Nihilistic forces ... seek to discredit the pillars of our democracy: voting rights and fair elections, the rule of law, the free press, the separation of powers, the belief in science, and the concept of truth itself.” Have candidates address that
@Aarondklein @JeffCoxCNBCcomO @judyshelh @SenShelby @SenToomeyb @federalreserveu @Vlahos_at_TACl @GeorgeSelginl @sam_a_bellfeathers . The has a b @federalreserveigoted and decidedly left wing view of economics going back to Paul Volcker when I worked at . Conser @NewYorkFedvatives are not welcome. It is worse now than ever. If you liked that tweet, you'll love next weeks' comment in @amconmag
What a great line: "It turns out that rational, efficient markets in the 1970s did not anticipate the black swan of Paul Volcker"
"Meeting on budget revision, early 1980. President Carter, Schultze, Kahn, Miller, and Paul Volcker. Which gave me pause … Fed at a budget meeting? Was that normal? Any longer? Cant remember Bernanke/Obama meetings like this. From Biven;s Carter’s Economy.
@jeffspross @Chris_arnade " @ModeledBehaviorT @TimDuyh @ernietedeschie @ryanlcooper @JHWeissmannstandard of living of the average American has to decline. " - Paul Volcker If the Fed could ordain saints, Volcker would be one. Fed boosters are adherents to a certain set of destabilizing political goals.
Because of Paul Volcker, our financial system is stronger and safer for the American people. I’ll remember Paul for his consummate wisdom, untethered honesty, and a level of dignity that matched his towering stature. I’m proud to have called him not just an adviser, but a friend.
Paul Volcker, R.I.P. I didn't agree with all his policies or policy ideas, and will write about that when I got the chance. But he was undeniably a very great man 1/
Former Paul Volcker'>Fed Chairman Paul Volcker died today at age 92. He was the last decent Fed. Chairman. While he rests in peace, the inflation that he helped kill will be coming back to life. While we mourn Volcker, we should also mourn Fed independence and sound money that died with him.