…least 240,000 more will go this year and next. Robert Rubin maintains his pay as far as I can tell…millions since 1999 from Citigroup. I am glad Volcker was chosen….

…and worth buying. But such action – borderline illegal in the case of Bear as pointed out by Paul Volcker – would be a scandal in the case of Lehman…

…is why I have labelled “Public Debt” as having an inflationary effect earlier in this article. Think back to the 1970s and the problems we had with inflation back then….

…an election year has no significant impact on Fed policy. The chart compares actual fed funds with my version of the Taylor rule that gives inflation and unemployment equal weight….

…performance of the economy,” Paul A. Volcker, a former Federal Reserve Board chairman, said in an interview, challenging the contentions of the very rich that they are, more than others,…

…Trudeau, who ruled over Canada for 15 years, superintending a drop in the Canadian dollar of 25 percent of its value, told the world that his economic policies were based…

…as ATMs. As Paul Volcker said last year: “Homeownership has become a vehicle for borrowing and leveraging as much as a source of financial security.” Best to all, CR Calculated…

…Bureau. As the chart above shows, former Fed chairs Arthur Burns and G. William Miller both tried (and failed) to fight the pervasive inflation of the 1970s. Paul Volcker, who…

…course, we have had some real fun with a few of their silly op-eds such as John Tamny lecturing Paul Volcker about trade deficits. Then there are those free lunch…

…rate of unemployment? 3. What is the maximum acceptable or safe employment to population ratio? David replied: Mechanically, that’s an easy one to answer. The estimated Taylor rule in the…