Paul Volcker’s reconfirmation hearing in 1983. (Note the person smoking in the far background.)

One Of Our All-Time Heroes Explains Everything In Two Blistering Sentences

Former Federal Reserve Chairman Paul Volcker Led The Charge And Won The Battle Against Inflation In The Early 80s, So Decisively It Hasn’t Been An Issue Since

We’ve got an enormous number of enormously rich people that have convinced themselves that they’re rich because they’re smart and constructive. And they don’t like government, and they don’t like to pay taxes.”

“Everybody talks about monetary policy….but the lesson of all this is we need better, stronger supervisory powers.”

kkPresident Obama brought Volcker into the White House in 2009, to help out with setting the economy right after the 2008 Recession

Peabody award winning journalist. Streaming media pioneer. Played @ CBGB back in the day. Editor-In-Chief "The Chaos Report" www.thechaosreport.com

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