Former Fed Chairman Paul Volcker? I give his opinion some weight.
I give his opinion some weight.
I don't. Not any more.
Perhaps Volker was concerned that our thieving government won't stop stealing out money and wasting it on hurtful entitlments. Perhaps he was also concerned about Charts like these:
http://www.freerepublic.com/focus/f-news/1400545/posts?page=59#55
Thanks 'Conservatives'!
why - he wasn't he Fed chairman under Carter. Remember how disasterous that was. I do my mortgage rate was 13% and the country was in pretty bad shape.
Chairman Greenspan's predecessor, Paul Volcker, was first appointed by Jimmy Carter, a Democrat, and then reappointed by President Reagan." I remember Volcker tried to change right before Reagan replaced him with Greenspan.
Finally - a voice of sanity !