Paul Volcker: The Only Number That Works is Zero
New Books in Economic and Business History | 9 August 2024 | 0h 49m | Listen Later | Podcasts | Spotify
Interview with William Silber about his 2012 book Volcker: The Triumph of Persistence. Discusses Federal Reserve Charman Paul Volcker's life and work, the formative influence of his father's public service ethic, biding his time out of respect for the role of Chairman, then implementing monetarist shock therapy to bring inflation down, and the insight that inflation undermines trust in government.