The Last True Enemy of Inflation the Federal Reserve has Seen Died Earlier This Week
R.I.P. Paul Volcker, the Last “Good” Central Banker#moneymetals https://t.co/pwYawZjfcI
— Money Metals Exchange LLC (@MoneyMetals) December 11, 2019
R.I.P. Paul Volcker, the Last “Good” Central Banker
Paul Volcker, former chairman of the Federal Reserve from 1979-1987, has passed away.
Credited with tampering incredibly high levels of inflation during the Carter and Reagan administration by jacking up interest rates to unpleasant levels, Volcker’s passing harkens back to a time when central bankers weren’t afraid to make tough choices.
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The Last True Enemy of Inflation the Federal Reserve has Seen Died Earlier This Week
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