WebAug 30, 2024 · In the Fed’s cherished Burns‐ Volcker allegory, the astonishing cut in the funds rate in 1980 is invariably described as “what happened in the ’70s”—under Burns … WebMar 14, 2024 · The towering former Fed chair is best remembered for waging an aggressive — and painful — assault on the swift price increases that plagued America in the early …
Ex-Fed Chairman Burns Dies at 83 - Los Angeles Times
WebDec 29, 1977 · WASHINGTON, Dec. 28 — President Carter announced today he would replace Arthur F. Burns as chairman of the Federal Reserve Board with G. William Miller, the chairman of Textron Inc., a... WebJan 18, 2024 · The Economist has an article suggesting that Fed chair Arthur Burns has an undeservedly bad reputation, and “deserves a second look”:. Richard Nixon picked Burns to run the Fed, viewing him as a friend who would do his bidding. Despite stubborn inflation, Nixon pressed Burns to cut interest rates in 1971, thinking it would help him win re-election. the outpost pub and provisions
The Destruction of Money: Who Does It, Why, When, and How?
WebJan 21, 2024 · Just like Arthur Burns, the current Fed leadership is ignoring the sharp increase in the money supply during the past two years and instead is blaming external factors. As a result, inflation... WebApr 13, 2024 · The market continues to hold on to the irrational belief that Jerome Powell will come in and save the day. But he’s clearly demonstrated he’s willing to burn the village … WebJennifer Burns is a deputy director in the Division of Supervision and Regulation at the Federal Reserve Board of Governors. She is responsible for oversight of the Federal Reserve’s supervisory programs and supervisory stress testing, specialty supervision and risk identification activities. the outpost s04e13