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    Paul Volcker: Does the Fed have too much power? - Impact Players

    Carol
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    Join date : 2010-04-07
    Location : Hawaii
    • Post n°1

    Paul Volcker: Does the Fed have too much power? - Impact Players Empty Paul Volcker: Does the Fed have too much power? - Impact Players

    Post  Carol Thu Sep 20, 2012 2:01 pm

    Paul Volcker, former Federal Reserve chairman, says the central bank took on even more power in the fallout from the financial crisis, and adds,"Is too much being centered in the Federal Reserve now, should there be a different arrangement? I'm not ready to take it away from the Federal Reserve entirely, but it deserves a look." Volcker spoke to Impact Players' Robert Wolf, an outside advisor and major fundraiser for President Obama. (September 20, 2012)


    _________________
    What is life?
    It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.
    With deepest respect ~ Aloha & Mahalo, Carol
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    Carol
    Carol
    Carol
    Admin
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    Posts : 31742
    Join date : 2010-04-07
    Location : Hawaii
    • Post n°2

    Paul Volcker: Does the Fed have too much power? - Impact Players Empty Re: Paul Volcker: Does the Fed have too much power? - Impact Players

    Post  Carol Thu Sep 20, 2012 2:03 pm

    Former Fed Chairman Paul Volcker, who served under Presidents Carter and Reagan, fought constantly to tamp down inflation -- but not for purely economic reasons, says his biographer. (September 5, 2012)


    _________________
    What is life?
    It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.
    With deepest respect ~ Aloha & Mahalo, Carol
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