Jerome Powell is no Paul Volcker
The U.S. Federal Reserve chief has tried to argue that the central bank’s expansionary monetary policy is not to blame for inflationary pressure.
Paul Volcker, the towering former Federal Reserve chairman who tamed U.S. inflation in the 1980s and decades later inspired tough Wall Street reforms in the wake of the global financial crisis, died Monday at the age of 92, according to his daughter, Janice Zima. Volcker, ...
'Freddy vs. Jason' maker documents new horror: Fed's role in meltdown
Flashback to Christmas 2002. America was recovering from the twin shocks of the tech bubble crash and the terrorist attacks of Sept. 11, 2001. The stock market was rising, real estate was heating up and optimism was rebounding. And then there was Jim Bruce, surfing ...
