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I thought it was Arthur Burns, but it didn't come up quickly in my searches.
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Not a bad guess.
He's usually considered a weak chair, letting inflation run away before Volcker came in and crushed it basically
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I thought it was Arthur Burns, but it didn't come up quickly in my searches.
Not a bad guess.
He's usually considered a weak chair, letting inflation run away before Volcker came in and crushed it basically
Don't know off the top of my head but doesn't sound implausible.
Best Google gives me is this:
https://www.nbcnews.com/business/economy/bernanke-aims-job-market-latest-bid-revive-faltering-recovery-flna997335#:~:text=But%20Bernanke%20told,of%20the%20public.%E2%80%9D