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Shortly after Krugman’s departure was announced no less than the revered Paul Volcker, himself a Princeton alum, made a comment -- subject unnamed -- sounding as if directed at Prof. Krugman.
Last week, I wrote a column taking issue with Paul Krugman's contention that President Ronald Reagan had little to do with the decisive crushing of double-digit inflation of the early 1980s. In ...
Krugman does not say, but he clearly means to include himself (that is what “we” means in ... Paul Volcker, pushed the short-term interest rate to 20%, four times higher than now, the ...
Monetarism’s demerits very much inform the discussion of Paul Volcker. To this day, conservatives claim that by fiddling with the so-called “Fed funds rate,” Volcker arrested inflation.
Paul Volcker, a previous Fed chief, hiked rates as high as 20% in the early 1980s to address runaway inflation. However, he plunged the economy into a recession and helped push unemployment as ...
"We need some cooling but not a Volcker-style era of pain," Krugman added on Saturday, referring to previous Fed chair Paul Volcker, who hiked interest rates to 20% in the 1980s to bring soaring ...
PAUL KRUGMAN: Usually, at this point, looking at supercore, which is inflation, taking out food, energy, shelter, and used cars — but it turns out that used-car prices have been crazy enough to ...
MARY LOUISE KELLY, HOST: Paul Volcker died three years ago at age 92. And David Kestenbaum from our Planet Money podcast has more on Volcker's costly-but-ultimately-successful fight to tame inflation.
Writing about Paul Volcker’s time as Federal Reserve Chairman, Rickards wrote that Volcker “applied a tourniquet [on inflation] and twisted it hard. He raised the federal funds rate to 20% in ...
One that comes to mind is former Federal Reserve chairman Paul Volcker's sudden hike in interest rates in the early 1980s, which put the U.S. economy into a recession.
Paul Volcker’s Recipe for Prosperity. ... Volcker was powerfully aware of this assignment and committed to fighting inflation when he was nominated by President Jimmy Carter to lead the Fed in 1979.
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