Paul Volcker 保罗沃尔克 Tall tale 伟人传奇 The most influential central banker of the modernera 当代最具影响力的央行行长 Volcker: The Triumph of Persistence. By William Silber. Bloomsbury; 《沃尔克:金石为开》威廉希尔伯著; ALAN GREENSPAN may be the most famous central banker of the modern era, but PaulVolcker has been the most influential. He played a crucial diplomatic role during thedeath of the Bretton Woods financial system in the early 1970s, which severed the linkbetween money and gold and ushered in floating exchange rates. As head of the FederalReserve from 1979, Mr Volcker then tamed the inflation that ensued, bringing monetarystability in the face of political opposition to the very high interest rates required. In doingso, he set the template for modern economic management, built around an independentcentral bank with an implicit, or explicit, inflation target. 历任当代央行行长中,或许最知名的是艾伦格林斯潘,但最有影响力的则是保罗沃尔克。他于二十世纪七十年代初扮演着至关重要的外交角色,期间货币与黄金脱钩、浮动汇率制被引入、布雷顿森林体系走向瓦解。1979年,沃尔克出任美联储主席。为了控制随之而来的通货膨胀,沃尔克不顾来自政治方面的反对声音,大幅提高利率,带来了货币稳定。借此,他构建了当代经济管理模式,设立了具有明确/隐含通胀目标的一家独立央行。 |