Paul Volcker at Harvard Law School: on preventing bank failures
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- Опубліковано 24 чер 2014
- As part of the Edmond J. Safra Center for Ethics' series on institutional corruption, Paul Volcker, former chairman of the Federal Reserve under Presidents Carter and Reagan, and former chairman of President Obama's Economic Recovery Advisory Board, visited HLS in 2012 for a conversation with Harvard Business School Professor Emeritus Malcolm Salter.
Will QE lead to inflation? Answer: QE is inflation. Inflation leads to rising prices. 2022 proving what we all knew. You can't print wealth/prosperity
No… The lack of capital due to retirement is causing temp inflation. This will happen throughout the world. My premise is based on some theories I have listened to is America will be buoyed by foreign capital and will be for years.
@@cooldudecs No, you don't know what inflation is. Inflation is not rising prices. Rising prices is a result of inflation. Inflation is the 'Inflating or expansion of the money supply' Rising prices across the board is the effect.
This 7 year old conversation encompasses the scale and depth of the problems we face on the tail end of the pandemic. Nothing seems to have changed except for how much extra leverage is behind the derivatives markets. We're facing record inflation like it's some surprise, but Volker addressed all of it in a matter of minutes here.... 7 years ago.
What good is a canary in the coal mine if you're not heeding it's warning?
They set it up thats why
The game is rigged so only those not in the game need the canary. The others know whats coming and dont need a canary.
14:14 start ; prologues by professors need to be outlawed
This is not a business scaling problem. This is risk escalation... In terms of how much our economy depends on the financial sector, and how much we are exposed to a possible default, that is when speculation became a profitable business for mass consumption, without taking into account its possible consequences. and as an internal cause that can become a systematic risk, even when it is theoretically an extremely diversified portfolio.
120k views, 350 likes
UA-cam: Lets queue this in everyone’s autoplay
Paul Volcker ♥️
Regulators have to be smarter than the regulated institutions and people ❗
Who was the then recently prison released Harvard alumnus/insider who said, " three years in prison is an excellent corrective for three years at Harvard?" Anyone know?
You tell us?
Alger Hiss, Harvard educated lawyer and convicted spy
@@sonjak8265 , thank you ...but no no he was never convicted of skying...but of...I think... perjury during a congressional committee hearing.
@@giusmaximus3541 You are right.
Only Bitcoin can do that banks are 🦕 either get with the program or get left behind
Sir, do you know Walt Volker?
Criminals
Too bad we are in a demographic decline
@28:00
I wish I could go to Harvard!
I too wish the same. These guys are lucky.
Norma Baker What reason can you not go? Acceptance or financials?
Norma Baker have you achieved your goal to go to Harvard?
emancipate yourself from mental slavery
They have online classes.
Horrible host! He seems so fond of hearing himself talk! Wish he would just allow Paul Valcker to talk & why is Valcker's mic. set so low in contrast to the host?
Mene mene tekel parsin..
An I don't have any money or no money left so I'll pass
Did lawrence lessig die? RIP
I don't care about it you would not let me learn when I wanted to now it doesn't interest me
Volcker's neck is hanging around
Wind bag
What a joke
We don’t need banks anymore we have crypto and gold and silver
Nobody listened.
no business