Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Snowshoe	1/24/2010 6:36:47 PM
	Read Replies (1) of 74559

"V" For...Volcker By Jon Nadler Jan 22 2010 10:01AM kitco.com This writer vividly recalls that when Mr. V was Fed Chairman, he annihilated US inflation rates, bringing them down to 1 percent from 15 percent, all by pushing the Fed Funds rate up to 20 percent. What the US got following his bold actions – was an environment sterilized of the inflation virus, and two decades of sub-5% inflation. Not to mention dynamic growth. All the while, the doomsayers were gearing up for Weimar-style hyperinflation, famine, and martial law in the USA. Sure thing. They are still calling for the same, today. Well, Mr. Volcker is baaaack! “V” for vendetta, some say. Anti-inflation stance, and all. More importantly, he is back with the same vigilant attitude when it comes to big banks.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next