Description: Former Fed Chair Paul Volcker says there’s a basic lack of respect for government institutions and described Washington as a ‘swamp’ run by plutocrats, in an interview with The New York Times’ and Squawk Box co-anchor Andrew Ross Sorkin.

U.S. in a ‘hell of a mess in every direction’: Volcker from CNBC.

Source: CNBC.com – video report

Date: Oct 22, 2018

Link: https://www.cnbc.com/video/2018/10/23/u-s-in-a-hell-of-a-mess-in-every-direction-volcker.html

Questions for discussion:

• Summarize the key points made by Paul Volcker.
• Why is trust in government institutions so important?
• Do you think levels of trust are any different today than when Volcker was chairman?