“We have a system for managing monetary policy. We have a system for managing fiscal policy. But we don't have a system for managing the interface between them.”

About Paul A. Volcker

Economist • American

Paul Adolph Volcker Jr. was an American economist who served as the 12th Chair of the Federal Reserve from 1979 to 1987. He is widely credited with ending the high levels of inflation seen in the United States during...