Paul Volcker was involved in key aspects of U.s. economic policy turnaround in six decades. Volcker died on Sunday in New York at the age of 92. Death announced of his daughter.
Paul Volcker served as central bank director between the two presidents, Jimmy Carter and Ronald Reagan periods. He was also president Barack obama’s administration economic policy adviser.
Volcker initiated the tasks of the treasury department under president John F. kennedy of the season.
a sensitive economy a man was known inflation as an opponent. He rose to the management of the bank in ‘ 79, Jimmy carter’s season. The New York Times magazine (you move to another service) reported that Volcker warned repeatedly of the public debt growth as a threat to the state’s economy.
Sources: Reuters, Afp
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