Paul Volcker talks about the economic crisis

Leading economic thinkers, including President Obama's senior economic advisor Paul Volcker, and vice chairman of the Federal Reserve Donald Kohn, came together to talk about the current financial crisis at the Vanderbilt Owen Graduate School of Management on April 18 for the 22nd annual Financial Markets Research Center Conference.
In his remarks, Volcker said that the U.S. economic recovery will be a "long slog" but that the rate of decline should slow. He added that the U.S. is not in another depression, but, "in a great recession for sure." He also talked about the outlook for the Federal Reserves role as a regulator of financial markets and accounting standards.

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Education

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• Owen
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• economic
• crisis
• Paul
• Volcker

[yanjason80]

the problem is far more complex than just printing money. The US government is doing what it can do with the give resources.

[atlasdguad77]

Whats going on in America? we are being fed a bunch of propaganda by Mr. B. Bernanke and his financial croonies, and by bias news outlets. The fact remains that the US is printing too many green backs and in the process, its destroying the US Economy. Our economy is in the shitter and they are telling us that there is a recovery? who believes these idiots? Certainly not me!

NAA ("NEW AMERICAN ALLIANCE")

[evanderbaron]

Paul Volcker isn't anybodies enemy he is one of the greatest friends to monetary policy in the united states history of central banking.He speaks the truth as well nothing in here is fake so what are you talking about.

[kirkham100]

clearly fake

[garyowen4ever]

an old trick and old saying, keep your friends close and your adversaries closer.............so bama's wall street cabal holdovers from the bushee's gave him a seat at the table...way out in right field.