Tall Paul Volcker, The Last Central Banker–R.I.P (Part 3)

The Baker/Regan Swap and the turn to Texas Economics was just one of the post-1984 election landslide developments that paved the way for Tall Paul’s demise and the subsequent end of Sound Money based central banking. An even more consequential showdown on Federal deficits and monetizing the public debt came sharply on its heels. That’s because after the […]
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