And in describing his decision to complete his second term (he initially told both his wife and Ronald Reagan he’d serve only a few years of the four-year term), Volcker writes: “I. His time as Fed chairman during Jimmy Carter’s calamitous White House - Volcker’s tenure overlapped with the Iran hostage crisis, the 1979 oil shock, the Soviet invasion of Afghanistan and runaway inflation - is covered in less than a chapter. Volcker describes his gig as undersecretary of Treasury for monetary affairs for the Nixon White House - where he helped dismantle the Bretton Woods system of fixed exchange rates - as “the best job in the world,” but he gives little explanation for his voluntary departure in early 1974 except to say, “The Nixon administration was in turmoil, consumed with the Watergate scandal what was transfixing the public.” If Volcker was witness to a presidency in chaos, he doesn’t say. Nor is “Keeping At It,” written with Bloomberg Markets editor in chief Christine Harper, a salacious Washington tell-all.
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