Volcker to return?

[itshappening]

Man in the News: Paul Volcker (http://www.ft.com/cms/s/0/47155caa-0796-11df-915f-00144feabdc0.html?nclick_check=1)

On one recent visit to Capitol Hill, he bumped into Ron Paul, the Texas Republican author of the book End the Fed. Mr Paul said – only half in jest – “I think we’d all be doing a lot better if somebody like you was in there.”

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if Bernanke doesn't get reconfirmed will Volcker be the plan B?

[tpreitzel]

Like Ron, I want to see the termination of the central bank. However, Volcker did allow the markets to correct the excesses created by the central bank during the 1970s. I remember when interest rates were around 20%. Rates that high DID encourage saving! ;)

[itshappening]

I wonder if they dare bring him back?