Paul Volcker was not fully formed as the Slayer of Dragons when he walked into his post as Fed Chair. It didn’t take long, a couple of months, no more; but it also took a big shove from a friend in Belgrade.
…WAFFLING AMERICAN
POLICYMAKERS WHO HAD LET INFLATION RUN AMOK AND UNDERMINED CONFIDENCE IN THE DOLLAR.
6 | ADMISI - The Ghost In The Machine | Q2 Edition 2022