Volcker: The Triumph of Persistence. William L. Silber

Volcker: The Triumph of Persistence


Volcker.The.Triumph.of.Persistence.pdf
ISBN: 9781608190706 | 464 pages | 24 Mb

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Volcker: The Triumph of Persistence William L. Silber
Publisher: Bloomsbury USA


Over the course of nearly half a century, five American presidents—three Democrats and two Republicans—have relied on the financial acumen, and the integrity, of Paul A. Volcker. During his tenure as chairman of the Federal Reserve Board, when he battled the Great Inflation of the 1970s, Volcker did nothing less than restore the reputation of an American financial system on the verge of collapse. After the 2008 financial meltdown, the nation turned again to Volcker to restore trust in a shaky financial system: President Obama would name his centerpiece Wall Street regulation the Volcker Rule. Volcker’s career demonstrated that a determined central banker can prevail over economic ...

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