Volcker - "Transparency is our ultimate objective,....."
Transparency is another word the liberals like to use when they are operating behind closed doors covering up messes.
Real transparency happens like when an a new ETF fund is approved by the SEC. It took years to get ETF funds for bonds due to all the closed door bs stuff that goes on with the bond trading industry. They have been trying to get a Gold Exchange Trading Fund for years and have promised one for two years. So far real transparency has been a bitch to get. We may see an ETF for Gold later this year or early next year.
I think I saw where one just opened. I was going to ping you to the news item, but I got too busy.
"Transparency is our ultimate objective,....."
What Kerryesque Frenchlike nuance. He doesn't say "We will be transparent" but signals he won't, and if he isn't it's not his doing but a failed "objective".