Volcker is overrated in my view. There is a good reason why so many people on Wall Street hold him in highest regard. I believe his perceived success enabled ir

Volcker is overrated in my view. There is a good reason why so many people on Wall Street hold him in highest regard. I believe his perceived success enabled irresponsible monetary policies over the past 30 years. This is how we ended up with a 3% bound on a ten-year and trapped into perpetuity.