Sound Money: Prostate Cancer and Alan Greenspan

sound money: As with the man who succeeded him, Alan Greenspan, Volcker could soothe or excite financial markets with just a vague murmur. ; In 2018, he published a memoir, Keeping at It The Quest for Sound Money and Good Government, and expressed concern about the direction of the federal government and the loss of respect for it, according to The Japan Times. The central issue is we're developing into a plutocracy, he told The New York Times in October 2018. Volcker, who Zima said had been suffering from prostate cancer, was the first to bring celebrity status to the job of U.S. central banker, serving as chairman of the Federal Reserve from 1979 to 1987. We've got an enormous number of enormously rich people that have convinced themselves that they're rich because they're smart and constructive. In 2009, Volcker began serving as a key financial adviser to President Barack Obama and faced a maelstrom of financial turmoil, government bailouts and fallout from the deepest recession since the 1930s Great Depression. And they don't like government and they don't like to pay taxes. (news.financializer.com). As reported in the news.