I have occasionally seen Paul Volcker on the street, but never thought the circumstances were right to accost him him.
Today I saw him in the neighborhood fruit and vegetable store. I went over and introduced myself, shook his hand told him I was a fan of his and that I remembered the days when I was on Wall Street in the early 1980s when everything hung on the money supply announcements. He said I was too young to have been around then, and, “Things are really a mess.” I said it was good that he was speaking out and that he was someone who might be listened to.
I figured it might be prevailing on him to talk about anything specific, so I let him continue looking for veggies.
Other observations: at 6:30 PM when the temperature was 92, he was wearing a suit and a hat. He seems younger than his nearly 81 years. He looks to be between 65 and 75. He is also still exceedingly tall (older people tend to lose height, but he was 6″7″).






Perhaps an amendment could be made to Humphrey/ Hawkins which requires that, once every year, all FOMC members be required to shop in a fruit and vegetables store. It couldn’t hurt.