Paul Volcker

Paul Volcker Death | Former Fed Chairman Dead

Paul Volcker died Sunday, December 8, 2019 at the age of 92. Paul Volcker’s cause of death is not said.

Paul was the chairman of the Federal Reserve under Presidents Jimmy Carter and Ronald Reagan and had helped tame inflation with 22% interest rates that also crunched American manufacturing, farming and real estate but led the way to two decades of expansion.

We are sad to learn that Paul Volcker, former Chairman of the Federal Reserve, passed away yesterday at the age of 92. Volcker was an outspoken critic of the war on drugs & a former member of DPA’s honorary board & of the Global Commission on Drug Policy.