Word: volckerism
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Former Chairman of the Federal Reserve Paul A. Volcker harshly criticized financial engineering and emphasized the need to return to a more production-based economy in a speech last night at the Kennedy School’s Institute of Politics...
...rebranding (Director of the Office of National Drug Control Policy, for example, doesn't stand a chance against drug czar). Counts of Obama's czars range from the high teens to about 28, depending on whether such figures as State Department envoy George Mitchell and economics adviser Paul Volcker are included...
...gold. After President Richard Nixon decoupled the dollar from gold in 1971 and allowed it to float freely in currency markets, the subsequent dollar crash led to talk of establishing the SDR as global reserve currency. That faded when the high interest rates set by Federal Reserve Chairman Paul Volcker to throttle inflation lured foreigners back to the dollar in the early 1980s...
...think Bernanke is in a very difficult situation. Too many bubbles have been going on for too long. The Fed is not really in control of the situation." - Paul Volcker, Fed chief from 1979 to 1987, on Bernanke and the Fed's response to the rapidly declining economic situation. (New York Times, January...
...might have been dismissed as a harmless staffing snafu became the latest cause for unease among those watching Treasury Secretary Timothy Geithner. Geithner - who at 47 still looks like the Doogie Howser of economists - has had difficulty filling out his roster of lieutenants; he wasn't helped when Paul Volcker, the old lion who got the U.S. out of its last deep recession, described Treasury's staffing woes as "shameful." (See TIME's "25 People to Blame for the Financial Collapse...