I would suspect Volker in an advisory role (my best guess), not in the seat. It doesn't matter who it is, interest rates will have to shoot up roughly 12 to 24 months from now if what value in the USD is to be preserved. Once this current tsunami of liquidity and dillution of value settles in, then inflation will have a great time with all of us. At that point the brains at the helm will have to chose between inflation or really bad inflation. It is baked in the cake, just a matter of when it pops out of the oven.
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Intrade is predicting Geithner or Summers right now... what are your thoughts on either of them?
The fliers are Volcker and Corzine...
