Yesterday, was a very sad day for the US and the world. The economic giant Paul Volcker passed away. Paul Volcker by himself saved the economic system four times (with his counsel and famous memo to President John F. Kennedy related to the declining gold reserves in 1963, with courageous counsel to President Nixon in 1971, as Chairman of the Fed between 1979-’87, and with his counsel to President Obama in 2009-2013).

About ten years ago we wrote: “By the time his tenure as Chairman of the Fed ended in 1987 Mr. Volcker was a titan of financial markets, commanding their movements like a conductor of an orchestra and harnessing their trust.”

Paul Volcker – A True Sage in an Age of Uncertainty

The prosperity we still enjoy today – let alone the outstanding returns in the markets – are due to the policies that Paul Volcker implemented.

A giant committed to public service and integrity calls us to commit to those two fundamental principles.

In memory and honor of the mighty Paul Volcker we encourage our readers to read the memorials below and the articles by him and in his honor which we published on our website.

Paul Volcker – A True Sage in an Age of Uncertainty

Meaningful Financial Reform

The Triumph of Central Banking

Strategic Disintegration Part I

The World of Finance and the Public Interest

Illusions, Economic Reality, & Aisimnitia in Times of Uncertainty: Do we and the EU Need Chairman Volcker Back?

NY Times -Paul A. Volcker, Fed Chairman Who Waged War on Inflation, Is Dead at 92

Financial Times -Central bankers pay tribute to Paul Volcker

The Wall Street Journal -Paul Volcker, Who Guided U.S. Monetary Policy and Finance for Nearly Three Decades, Is Dead