The Dig: Inflation Politics with Tim Barker
Jacobin Radio
00:00
Volcker - Is He a Villainous Figure?
David Frum: In some ways, Volcker comes off as a villainous figure in the discussion we've had. He says it's important to think about the way that historical actors understood what they were doing. We cannot think of Volcker as just like a corrupt figure who's going to Washington to line his friends' pockets, he writes. And even if Volcker was a true believer with there's still a broader business led reaction to the profitability crisis of the 70s," Frum adds.
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