Federal Reserve Board Chairman Paul Volcker testifies before Congress' Joint Economic Committee, where he urges to make substantial reductions in the Federal deficit during the next few years. https://i.nostr.build/VNozF3l0mU0XXNog.jpg  

 I’ve read that one of the reasons Volcker raise interest rates up to almost 20% was to squeeze the Hunt brothers out of their silver position (when they started buying on margin)