from Nicholas Wapshott:

Hooray for inflation

By Nicholas Wapshott
November 13, 2013

There have been some extraordinary headlines in recent days. Here’s the Economist: “The perils of falling inflation.” Here’s the Financial Times: “The eurozone needs to get inflation up again.”

from Unstructured Finance:

Goldman: 1, Volcker: 0

January 8, 2013

By Lauren Tara LaCapra

There’s an interesting article out today from Bloomberg, which accuses Goldman Sachs of skirting the yet-to-be-defined-or-implemented Volcker rule, and accuses its top executives, including CEO, Lloyd Blankfein, of being a hypocrite.

from Breakingviews:

Review: Every monetary system needs a Paul Volcker

December 14, 2012

By Martin Hutchinson
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Breakingviews:

Volcker muddies debate about his own rule

February 13, 2012

By Daniel Indiviglio and Antony Currie
The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

from Tales from the Trail:

Washington Extra – hello goodbye

January 5, 2011

She says goodbye and he says hello.

The House Speaker's (HUGE) gavel changed hands today, symbolizing the transfer of power to Republicans. Outgoing speaker Nancy Pelosi, attacked by Republicans as a symbol of Democratic excesses, took the high road as she repeatedly congratulated new House Speaker John Boehner and his Republican majority.

from Christopher Whalen:

Double dip or global deflation?

September 20, 2010

1936

The page proofs of my upcoming book, “Inflated: How Money and Debt Built the American Dream,” just went back to the editors. One of the benefits of writing a book about U.S. financial history is that it forces you to take a long view of both economics and the political narrative used to describe it. It is the issue of language and labels, in my view, that is making it so difficult for Americans to understand the current state of the economy.

from Tales from the Trail:

U.S. value-added tax still a pretty toxic idea

April 15, 2010

White House Economic Economic Advisor Paul Volcker stirred up debate over the United States possibly adopting a European-style value added tax to help bring federal deficits under control, saying recently that it "was not as toxic an idea" as it has been in the past.USA-FED/

from James Pethokoukis:

Verily, Volcker avers VAT is in the vicinity

April 7, 2010

Reuters has the scoop:

The United States should consider raising taxes to help bring deficits under control and may need to consider a European-style value-added tax, White House adviser Paul Volcker said on Tuesday.

from The Great Debate:

Volcker Rule unexpectedly revived by Dodd bill

March 16, 2010

Paul Volcker's proposed ban on banks' proprietary trading or owning hedge funds or private equity funds has been unexpectedly revived in the financial regulation bill published by Senate Banking Committee Chairman Christopher Dodd yesterday.

from James Pethokoukis:

The Volcker Rule: It’s not happening

February 16, 2010

A few points:

1) The much-hyped Volcker Rule proposal is failing fast in the U.S. Congress. But Paul Volcker himself probably isn't that surprised. The former Federal Reserve chairman joked he was “just a photo op” even after President Barack Obama's public embrace of his proposal to limit bank proprietary trading. More evidence that the moment for sweeping reform has probably passed.