Is Volcker being heard anymore?
Paul Volcker
Droppin' Knowledge: Volcker On America's Ability To Compete
The way forward according to Tall Paul.
Volcker: No Need for Commercial Banks to be Hedge Funds
Paul Volcker’s op-ed explaining the Volcker Rule.
The Volcker Rule is Born
The Volcker Rule announced, prohibiting risky business by banks and bank holding companies.
Hot Links: Winter Wars
Hot Links for Morning Reading
Droppin' Knowledge: Henry Kaufman on the Politicization of the Fed
Henry Kaufman has a great op-ed in the Wall Street Journal this morning in which he expresses his near-term fears about a politicized Federal Reserve. In the course of making his case that some political involvement in monetary policy is probably unavoidable, he gives us a quick history lesson on how US Presidents have historically…
Hot Links: Pulp Tinkerbell
Stuff I’m Reading this Morning… The agenda for economic regulation reform at the G-20 Summit in Pittsburgh isn’t looking too promising. (Economix) A tale of tragic heroism in the Bronx. (NYP) The Healthcare Debate rages on…in an Iron Man comic book. (Ecocomics) My fave post of the week so far: Imagine If Lehman Brothers Had…
Meltzer: Are We Tough Enough For The Coming Inflation Battle?
“No country facing enormous budget deficits, rapid growth in the money supply and the prospect of a sustained currency devaluation as we are has ever experienced deflation. These factors are harbingers of inflation.” Allan H. Meltzer, May 3rd 2009 In Allan Meltzer’s excellent New York Times op-ed piece from May 3rd, we are taken back…
