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In 2019, the esteemed economist and former Federal Reserve Chairman, Paul Volcker, passed away. Volcker is widely recognized for his influential role in combating the high inflation rates that plagued the United States during the 1970s and early 1980s. Through bold monetary policies and his unwavering commitment to price stability, Volcker's leadership helped restore confidence in the economy, laying the foundation for sustained economic growth in the years that followed.