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.
Source: CNBC.com – video report
Date: Oct 22, 2018
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?