PAUL KRUGMAN: I think it was meant mainly as a technical cleanup—just a reduction in the aid to banks, not a contractionary policy; and maybe also as a non-substantive sop to the inflation hawks.

保罗.克鲁格曼：我想这主要意味着技术上的清理——只是对银行减少援助，不是一个收缩政策；也许意味对于通胀的叫嚷的一种非实质性的安抚。

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It also gave Paul Volcker a great big reason to push harder for his proposal to clamp down on investment Banks trading for their own accounts.

这个消息也让保罗·沃尔克有了更加充分的理由来进一步加大力度，推动其“取缔投资银行自有账户交易”的提案。

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In a guest article, Paul Calello (pictured left), the head of Credit Suisse's investment bank, and Wilson Ervin, its former chief risk officer, propose a new process for resolving failing Banks.

在一片特邀文章中，瑞士信贷投资银行的负责人保罗·克里洛(图左)和银行的前任风险总监威尔森·厄文提出了一条解决银行破产问题的新方法。

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So we finally got tough and we got Paul Volker in there and central banks around the world all managed to get tough around that time and we killed inflation but it created a recession.

所以，我们最终强硬地实施,并且将保罗？沃尔克作为主席,世界各地的中央银行,全都在那段时期内严格的实施,最终我们消除了通货膨胀，却制造了经济衰退。

耶鲁公开课 - 金融市场课程节选

Central banks around this time I think it was under the leadership of Paul Volker who was the Federal Reserve Chairman they raised interest rates to kill inflation and they threw the world into a huge recession.

在这个时期，中央银行,我认为正处于保罗？沃尔克的领导之下,保罗是美联储的主席,他们提升了利率来抵制通货膨胀,然而却将整个世界都卷入了一场巨大的经济衰退。

耶鲁公开课 - 金融市场课程节选

The Volcker Rule, named after Federal Reserve Chairman Paul Volcker, restricts banks from trading on their own behalf.

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