You Don’t Operate an Economy on Zero Interest Rates – Volcker

Former Federal Reserve Chairman and current Volcker Alliance Chairman Paul Volcker spoke with FOX Business Network’s (FBN) Neil Cavuto about states balancing their budgets and interest rates. Volcker said, the biggest problem “is many states are not taking care of their pensions, which you’re obligated to do” and New Jersey Governor Chris Christie is “just […] View the full post at: You Don’t Operate an Economy on Zero Interest Rates – Volcker Related posts: Weak US Economy Still Needs Low Interest Rates: Bernanke Why are Government Interest Rates So Low? Fed’s Rosengren: Low interest rates appropriate now