Inflation Expectations, Credibility and Paul Volcker
…high when Volcker was chairman. This is true even for the December 1970 through June 1979 subsample, that is for inflation outcomes which occurred when Burns, Miller or Volcker was…
…high when Volcker was chairman. This is true even for the December 1970 through June 1979 subsample, that is for inflation outcomes which occurred when Burns, Miller or Volcker was…
…Volcker recession was unintended. He cites a book by William Barnett… “Following the inflationary 1970s, Paul Volcker, as chairman of the Federal Reserve Board, decided to bring inflation under control…
…was viewed as not only incompetent, but a jerk. It is frequently forgotten that Jimmy Carter put Volcker in 1979 as inflation accelerated and accepted that Volcker might engage in…
…rule for monetary policy has made a lot more sense than a quantity rule for money … By adopting a price rule for monetary policy (which I consider on par…
…does that lead to the conclusion they’ll get rescued in the future?” From Bill Moyers and Company, an interview with Paul Volcker on the Volcker rule in Dodd-Frank, transcript included….
The Fed appears determined to cause a Volcker-like recession – by New Deal democrat Yesterday the Fed raised rates another 0.75%. In the past 8 months, the Fed has raised…
…. . . Recent Quartz article on Private Label and Brand name. Private-label brands are having a moment in 2024, and it’s no coincidence that some of the biggest winners…
…informed the FTC’s final rulemaking process, with the FTC carefully reviewing each comment and making changes to the proposed rule in response to the public’s feedback. In the final rule,…
…going to reframe it slightly: Who profits from the complexity of the Volcker rule? It’s the largest financial institutions. No financial institutions want a simple Volcker rule. They want layers…
by cactus Forbes and the “Self-Made” Label I’m kinda busy these days, but this topic is small pet peeve of mine: what the heck is up with Forbes and the…