2015考研英语阅读保罗沃尔克_大学英语阅读

2015考研英语阅读保罗沃尔克

　　Yet Mr Volcker still lacked the consolation of popularity, unlike Mr Greenspan, who waspraised by the press and politicians for much of his term. Democrats blamed Mr Volcker forlosing them the 1980 election because of his tight monetary policy. Milton Friedman sawhim as insufficiently monetarist, and many in the Reagan White House regarded him withsuspicion as a Democrat. Mr Volcker barely made it though his eight years at the Fed. Henearly failed to be reappointed in 1983 and almost resigned in 1986, when defeated on akey vote. It was only in retrospect that his reputation grew; Mr Silber s well-written bookshould help cement it.

　　即便如此，沃尔克仍然缺乏来自民众的安慰;而格林斯潘在位期间，则常常受到媒体与政客的称颂。民主党人士认为，施行紧缩型货币政策的沃尔克要对他们1980年的落选负责。米尔顿弗里德曼认为沃尔克的货币主义没做到位，而许多里根政府人士则对他的民主党身份抱有质疑。八年的美联储生涯，沃尔克很少有一举成功的时刻。1983年，他差点落选继任美联储主席的提名;1986年则由于在一次关键性投票中落败，近乎提出辞呈。只有在后人的回顾里，才能慢慢发现沃尔克的荣望所在;而希尔伯在其所著传记里，应该很好地印证了这番观点。

　　While Mr Volcker s record at the Fed is well-known, what might be more surprising is thecrucial role he played in the exchange-rate crises of the early 1970s. Like an economicHenry Kissinger, Mr Volcker shuttled around the world to placate foreign allies in the face ofNixon s marked indifference to international economics. I don t give a shit about the lira,was one of Tricky Dick s choice phrases.