They Myth of Paul Volker - Keith Weiner #4612

Is Paul Volker a legend or a myth? He's largely credited as the man who broke the back of inflation. While he vigorously attacked inflation through double digit interest rates, but that was after the Fed had dramatically raised the money supply and caused the inflationary wave we were suffering through. History will be the judge of interest rate manipulation. Is Paul Volker a legend or a myth? He's largely credited as the man who broke the back of inflation. While he vigorously attacked inflation through double digit interest rates, but that was after the Fed had dramatically raised the money supply and caused the inflationary wave we were suffering through. History will be the judge of interest rate manipulation.