CFR member Paul Volcker, former Chairman of the Federal Reserve, says: "The standard of living of the average American has to decline.... I don't think you can escape that."
"Volcker Asserts U.S. Must Trim Living Standard," New York times, October 18, 1979, p. 1.
CFR member Paul Volcker, former Chairman of the Federal Reserve, says: "The standard of living of the average American has to decline.... I don't think you can escape that."
"Volcker Assert…