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Politics : Formerly About Advanced Micro Devices

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To: michael97123 who wrote (382634)5/5/2008 2:52:04 PM
From: Tenchusatsu  Read Replies (1) of 1575561
 
Michael, > what is volkers positions on current issues.

Forgive me if I misrepresent his views, but my take is that Volcker is the anti-Greenspan. He'll raise interest rates to limit the growth in the money supply and stave off inflationary fears.

You can read on Wikipedia what he did during his tenure. If you consider that economic conditions today are similar to those of 1976, you can guess what Volcker would do today:

en.wikipedia.org

Tenchusatsu
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