Talk:Paul Volcker

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In addition to disinflation, this policy caused a severe recession and the worst unemployment since World War II.

This sounds like an unattributed political claim. Please provide a source for this criticism, and then put the sentence back. --Uncle Ed (El Dunce) 19:14, 13 Oct 2004 (UTC)

Oops, I haven't been watching my talk pages. The inverse relationship between inflation and unemployment is documented (cf Phillips curve). Image:Urate48-04.jpg illustrates the WW2 comparison. As far as connecting the monetary policy with the recession goes, I believe this is uncontroversial as well; List of recessions includes the same claim, and this interview with Volcker [1] sheds some more light on both claims. Volcker uncritically accepts that his policies led to unemployment but says that he's convined a recession was inevitable and that his policy made it less severe. I'm replacing the sentence with an, I think, more accurate one... Eliot 18:55, 26 May 2005 (UTC)

Why he didnt got reappointed as fed chairman in 87? Tradingbr 22:00, 10 December 2006 (UTC)

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