Sober Analysis: US Economic Crisis

Interview with former Chairman of U.S. Federal Reserve, Paul Volcker

Last night, Charlie Rose interviewed the former Chairman of the Federal Reserve, Paul Volcker, regarding the current Economic Crisis. Paul Volcker served as the Chairman of the Federal Reserve from 1979 to 1987. For those who are not familiar with him, he is one of the most respected figures in the field of finance and economy in the U.S. I recommend this interview to everyone. Hope you find it interesting:

from Haj Seyd Mammad
11-Oct-2008
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Paul Volker & the System

by Observerrrr (not verified) on Sun Oct 12, 2008 10:32 PM PDT

Sounds like the wolf is finally coming out of the sheeps skin under it's own admission.


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he has not changes

by shirazie (not verified) on Sat Oct 11, 2008 07:38 PM PDT

I remember the 9% inflation, 17% interest rate and 14 % unemployment of 1979 through 1985..

Thank god he is gone. Bring back the little Jewish guy with glasses of 1990's who ran the Fed.


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