Warren Buffett: "I’ve always had Paul Volcker up on a special place, special pedestal in terms of Federal Reserve chairmen over the years.
We’ve had a lot of very good Fed chairmen, but Paul Volcker, I had him at the top of the list”
Ray Dalio: "Paul Volcker is an American hero who has seen more and done more to shape the world economy than anyone else over the last 50 years. His memoir _Keeping at It _is a must read."
Michael Bloomberg: "The book highlights Paul’s extraordinary career and personal integrity, as well as his belief in the need for better governance – and I couldn’t agree more."
As chairman of the Federal Reserve (1979-1987), Paul Volcker slayed the inflation dragon that was consuming the American economy and restored the world's faith in central bankers. That extraordinary feat was just one pivotal episode in a decades-long career serving six presidents.
Told with wit, humor, and down-to-earth erudition, the narrative of Volcker's career illuminates the changes that have taken place in American life, government, and the economy since World War II. He vibrantly illustrates the crises he managed alongside the world's leading politicians, central bankers, and financiers. Yet he first found his model for competent and ethical governance in his father, the town manager of Teaneck, NJ, who instilled Volcker's dedication to absolute integrity and his "three verities" of stable prices, sound finance, and good government.