Curse of the new Fed chairman
Since President Richard Nixon ended the direct link of gold to the value of the U.S. dollar in 1971, there have been five Chairmen of the Federal Reserve. In chronological order, they are Arthur Burns (1970-1978), G. William Miller (1978-1979), Paul Volcker (1979-1987), Alan Greenspan (1987 – 2006) and current Chairman Ben Bernanke (2006 – 2014).
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