![]() ![]() Yet he first found his model for competent and ethical governance in his father, the town manager of Teaneck, NJ, who instilled Volckers dedication to absolute integrity and his three verities of stable prices, sound finance, and good government.-Provided by publishe Book Synopsis The extraordinary life story of the former chairman of the Federal Reserve, whose absolute integrity provides the inspiration we need as our constitutional system and political tradition are being tested to the breaking point. He vibrantly illustrates the crises he managed alongside the worlds leading politicians, central bankers, and financiers. Told with wit, humor, and down-to-earth erudition, the narrative of Volckers career illuminates the changes that have taken place in American life, government, and the economy since World War II. His insight into world-changing events such as the end of the Bretton Woods system, the closing of the gold window, and the financial crisis of 2008 provide enduring lessons about the critical importance of open, disciplined, and efficient government. ![]() That extraordinary feat was just one pivotal episode in a decades-long career serving six presidents. ![]() About the Book As chairman of the Federal Reserve (1979-1987), Paul Volcker slayed the inflation dragon that was consuming the American economy and restored the worlds faith in central bankers. ![]()
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