good afternoon, everyone. to begin, i d like to say a few words about paul volker who as you know passed away earlier this week. paul volker served as federal reserve chair from 1979 to 1987. he accomplished many things during his long and distinguished career at the fed and elsewhere. he s best known for leading the fight to tame the double-digit inflation he inherited, laying the prosperity we enjoy today. but what is perhaps most admirable about him more than his accomplishments was his character. he believed that there was no higher calling than public service and he dedicated the lion s share of his life to it. with courage, tenacity and integrity he pursued the policies he believed would benefit all americans. my colleagues and i continue to draw inspiration from his example. turning to today s meeting, my colleagues and i decided to leave our rate unchanged after lowering it a total of 0.75%. we based our decisions on judgment of how best to achieve the goals congres
or conversation from the brookings institution on monetary policy and inflation continues. coming up, we ll hear from former fed chair ben bernanke and new york times columnist and author paul krugman. thank you all for continuing the conversation. it s almost hard to believe there s anything left to say after those panels. so i was going to propose that we do this whole thing in rap or maybe in finnish, but i thought that was a little unfair given that i haven t given the panel advanced warning of that. that s right. also, you wouldn t want to hear me. so i am joined here by olivia blanchard formerly of the international monetary fund and m.i.t. loretta midwe loretta mester, and ben bernanke, and our colleague gary brookings and paul krugman, the economist at the university of new york. columnist for the new york times, krugman is the guy that makes all journalists nervous because he seems to be more productive than the rest of us and that s kind of frightening giv
joel webber. we have been talking about a must in every issues and the fury broke forth this summer. the thing that happened was the airport in the class that happened at the airport. we felt that had become a tipping point and all eyes on hong kong. thought about, what is a perspective we can bring to the story that has not been brought? one thing that came out of the conversation was, where is the thanks coming from now? 2047.about when hong kong was handed back to china, one country to systems being this guided idea for how the city would be managed, 2047 was used as the expiration date of that. when you think about the stakes of this situation, five years out is not enough time to solve that. 10 years out is not enough time. the we are watching, the fury is only about 24/7. hong kong s countdown to 2047. jason: when you think about the nexus of business economic politics, there are other places in the world where it happens in sharp relief. this is speaks to the dil
ceo of the wilson center and absolutely delighted to preside over this event entitled president carter, the white house years. i have been carrying this book around as a workout. [laughter] once you finish reading it cancel your gym membership just to walk around carrying it measured against other biographies just on size alone but this isn t just a book it is a deep dive into what a presidency means written by someone who was there to see it all certainly i was there but still remembers far more details than i ever could because i was so excited to get the book and have this discussion in depth today. every time i saw him in the white house over 40 years ago everywhere all the time 5000 pages of notes on a yellow pad and a presidential biography ever prepared by someone so well prepared. but i m not surprised. i met stu the summer of 1964 when we sat next to each other at the young democrats of america here in washington i won t reveal our ages then or now that he is older.
[inaudible conversations] . good morning. thank you for braving the security. more will be coming in the back if you would like to move forward that would make it easier for us to accommodate the crowd that is still waiting in line. i am jane harman president and ceo of the wilson center and absolutely delighted to preside over this event entitled president carter, the white house years. i have been carrying this book around as a workout. [laughter] once you finish reading it cancel your gym membership just to walk around carrying it measured against other biographies just on size alone but this isn t just a book it is a deep dive into what a presidency means written by someone who was there to see it all certainly i was there but still remembers far more details than i ever could because i was so excited to get the book and have this discussion in depth today. every time i saw him in the white house over 40 years ago everywhere all the time 5000 pages of notes on a yellow