NYU Stern
Share / Print
Faculty News

An excerpt from Prof. William Silber's new book, “Volcker: The Triumph of Persistence” is featured

wall street journal logo feature
Excerpt from The Wall Street Journal -- "Inflation is ancient history to most Americans, like some medieval curse, but the risk of resurgence in a world of fiat currency demands vigilance. Volcker worries that the international financial system is especially vulnerable now, 'when foreign countries own trillions of our dollars, when we are dependent on borrowing still more abroad, and when the whole world counts on the dollar's maintaining its purchasing power.'"

Read more