Who's the best Fed Chairman of all time?

That's interesting. Volcker was ridiculed tremendously at the time for his role in getting us off the gold-standard as well as his hard stance on inflation.

I suspect that he is considered great now because inflation is considered a problem, but his actions caused more protesting than any other.

Some would still criticize his influence on suspending gold convertability. I guess all that really matters is what the current issues are though.
 
I would say Volcker now.

I would've said Greenspan if he hadn't ever cut rates below about 3%. The earlier part of Greenspans tenure I think he made some great decisions.

Bernanke isn't really shining so far.
 
Quote from Cache Landing:

That's interesting. Volcker was ridiculed tremendously at the time for his role in getting us off the gold-standard as well as his hard stance on inflation.

I suspect that he is considered great now because inflation is considered a problem, but his actions caused more protesting than any other.

Some would still criticize his influence on suspending gold convertability. I guess all that really matters is what the current issues are though.
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I would like to read about Volker's role in relation to gold. Do you have a link?
 
Quote from Cache Landing:

That's interesting. Volcker was ridiculed tremendously at the time for his role in getting us off the gold-standard as well as his hard stance on inflation.

I suspect that he is considered great now because inflation is considered a problem, but his actions caused more protesting than any other.

Some would still criticize his influence on suspending gold convertability. I guess all that really matters is what the current issues are though.
More...

sometimes not being loved as the big dick of the banking system is for the best.
 
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