Paul Volcker Slays the Inflationary Dragon: Difference between revisions

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== The Slayer's Past ==
== The Slayer's Past ==
He's a baller from Jersey.
Paul Volcker was born in Cape May, New Jersey in 1927.  He received his undergraduate studies at Princeton University and later attended Harvard University and the London School of Economics for his graduate studies.  His career started in 1952 with the Federal Reserve Bank of New York.  He left after five years where he became a financial economist at Chase Manhattan Bank.  He spent five years with Chase Manhattan Bank to later return for the vice-president and director of planning.
<p align="center"> [[Image:Volcker.jpg]] </p>
<p align="center"> [[Image:Volcker.jpg]] </p>
<p align="center"><big>GANGSTER</big>
<p align="center"><big>GANGSTER</big>

Revision as of 22:14, 30 November 2006

The Slayer's Past

Paul Volcker was born in Cape May, New Jersey in 1927. He received his undergraduate studies at Princeton University and later attended Harvard University and the London School of Economics for his graduate studies. His career started in 1952 with the Federal Reserve Bank of New York. He left after five years where he became a financial economist at Chase Manhattan Bank. He spent five years with Chase Manhattan Bank to later return for the vice-president and director of planning.

GANGSTER

Pre 1979 Economic Conditions

Disinflation Effort

The Recession of 1981-82

Inflation Slayed

Haters of Volcker

Reverting Back to Interest Rate Targets