DDI Intel | Week of September 2
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A Policy Shift that Takes From the Poor and Gives to the Rich
By: Cynthia Wylie
I remember when I was working on my PhD in economics at Georgetown, one of my classmates actually called Paul Volcker and he just picked up the phone. He asked the FED Chairman about his monetary policy at that time and the fact that the prime rate was over 20%. The prime rate. They chatted for about fifteen minutes and the call became a legend in our program…
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DDI Intel 10 Stories for Your Busy Wednesday was originally published in Data Driven Investor on Medium, where people are continuing the conversation by highlighting and responding to this story.