Alan Greenspan
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3 days ago · Paul Volcker, American economist and banker who, as chairman of the board of governors of the U.S. Federal Reserve System (1979–87), played a key role in stabilizing the American economy in the 1980s. While at the Treasury Department, he was the chief architect of the country’s abandonment of the gold standard.
- The Editors of Encyclopaedia Britannica
1 day ago · The current period of inversion – at 76 weeks and counting – is only two weeks away from the record stretch between 1978 and 1980, when short-term yields touched 15% as Fed Chair Paul Volcker ...
2 days ago · 💭Did you know that when Paul Volcker left office in 1987, inflation was still above 4%? (In case you don’t know, Paul Volcker is a renowned Fed chair known for vanquishing inflation in the 1970s and ‘80s.) Turns out, that the 2% inflation target is indeed something of a historical accident.
1 day ago · Amazingly, during each of the 1970s inflationary spikes and even during the early Paul Volcker era from 1979 to 1983, the Fed chose to initiate easing either commensurate with or mostly before the inflation rate peaked.
3 days ago · When Volcker pointed out that one of the greatest social scientists of the 19 th century was a public administration scholar who went on to greater things, the economist asked who that could possibly have been. His name was Woodrow Wilson, president of Princeton University and later president of the United States of America.
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1 day ago · But we might be achieving price stability, which Alan Greenspan and Paul Volcker defined as a level of price changes or degree of price changes that ceases to have an impact on business and ...
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5 days ago · A desire to be remembered as a Volcker, not a Burns. Powell is clearly hoping to have a legacy more akin to Paul Volcker, who chaired the Fed from 1979 to 1987 and tends to be remembered as the ...
