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Posted by Winslow R. (71.138.255.94) on 16:43:23 10/31/07
In Reply to: karim on Fed statement with my comments posted by warren mosler
Given the state of globalization, wealth consolidation, housing, wages, savings rates, a more appropriate Fed chairman would be Young/Meyer.
http://en.wikipedia.org/wiki/Eugene_Meyer
Modern day might be Burns.
:
: If cpi continues to accelerate and core starts to move the
: chairmanship is at risk. This is what happened to Miller in 79 when
: replaced by Volcker.
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: warren
:
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