(born Sept. 5, 1927, Cape May, N.J., U.S.) U.S. economist. He worked as an economist for the Chase Manhattan Bank (1957–61; 1965–68). As an undersecretary at the U.S. Treasury Department (1969–74), Volcker was the chief architect of the U.S.'s abandonment of the gold-exchange standard and the devaluations of the U.S. dollar (1971, 1973). After serving as president of the Federal Reserve Bank (1975–79), he was appointed head of the Federal Reserve System in 1979 by Pres. Jimmy Carter and served until 1987. To end a period of very high inflation, he slowed the growth of the money supply and allowed interest rates to rise, causing a recession (1982–83) but dramatically reducing inflation.
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Dolph also known as Dolph the Fascist Hippo is a fictional character currently appearing in the Danish television show Dolph og Wulff med venner (Dolph and Wulff with friends), played by Danish actor Jonas Schmidt, who is otherwise known in Denmark from another popular comedy series, P.I.S., and a longrunning series of Toyota commercials.
Dolph is a large, Fascist, baby-blue hippopotamus usually appearing armed with a baseball bat. He first appeared as a minor character in the Danish cartoon strip Wulffmorgenthaler, which appears daily in the newspaper Politiken, though he had already been created for the yet unaired TV-show at that point, and a very early version had appeared in the music video for the song "Oak Tree Girl" by Powersolo in early 2004, directed by Anders Morgenthaler. In 2005, the TV station DR2 aired a show based on the cartoon. Four characters appeared in the show, the two authors of the strip (Mikael Wulff and Anders Morgenthaler) plus two of its minor characters; Dolph and Margit, a feminist and politically correct squirrel. As could be expected, Dolph had a very strained relationship with the show's other characters. The show ran for 10 episodes.
It quickly turned out that Dolph was the most popular character in the show, and DR2 announced that Dolph would return in 2005. On 28 October 2005, Dolph returned to the screen in a new show co-starring with Mikael Wulff but without both Margit the Squirrel and Anders Morgenthaler. The show had also been re-named from Wulffmorgenthaler to Dolph & Wulff. The show ran for 10 episodes. The next season, now in the format of a talkshow, Dolph og Wullf med venner, began in March 2006.
Dolph constantly claims that he has received training as both a ninja and by the special forces, and that he is an expert in stealth techniques. He has - so far - provided little proof for any of these stories. The fact that he's incredibly obese seems to point to the contrary. His all-important hero is a Danish elite soldier, B.S. Christiansen , who appeared in episode eight of Dolph & Wulff. Interestingly, Dolph has also appeared in a fight-AIDS campaign , stating that "AIDS is a weak disease, it is totally unfit for the society of the future (...) Had it been a strong disease it would go for the strong members of society". Dolph has become a cult figure and the show has many fans. The creator Mikael Wulff has in the past expressed dissatisfaction with some of the fans who tend to take Dolph far too serious and who are actually agreeing with him, seemingly not realising that Dolph is supposed to make fun of racists.
Dolph has found a few persons worthy to contribute to what he refers to as "the society of the future". Those include Steven Seagal, Chuck "Texas Ranger" Norris, Jean-Claude Van Damme, Danish elite soldier B.S. Christiansen, singer Helmut Lotti(he insists that Helmut Lotti can only be German, while he is actually Belgian), Arnold Schwarzenegger, Danish football player Stig Tøfting, Prince Joachim and most German people. A few members of his list of hopeless cases include baby seals, hippies, male hairdressers, and Danish Prime Minister Anders Fogh Rasmussen. Despite Dolph's fondness of his baseball bat, which he believes can solve virtually every problem, the Wulffmorgenthaler show showed no real violence. Dolph & Wulff is more violent, although no real violence is shown. In Dolph & Wulff, episode 1, Dolph apparently kills a character called "Mogens, the naughty kitty", in order to release himself from a contract bound to by ninja honour. In Episode 2, Dolph creates a diversion to free Mikael Wulff who is held captive by a crazy farmer who wants to kill him with a chainsaw. This is accomplished when he empties a can of acid in a barrel containing the farmer's pet pig. In both examples, no real violence is seen.
He often claims to hate Wulff, referring to him as being a hobbit, because of his height, but he actually seems to care about Wulff, saving him on several occasions, and, after a fight where Dolph was essentially fired, he gave Wulff a "SWAT Team startkit", consisting of a moustache, in an attempt to apologise.
Although Dolph adamantly denies it, he only eats salad and certain plant seeds. How he has managed become obese on this diet is unknown. He claim that his stomach is able to withstand. In truth his stomach is highly vulnerable to pork. He was seen eating pork in episode 3, which almost instantly caused him to have extremely severe diarrhoea.
Dolph fell into coma and was shortly clinically dead following a failed plastic operation but was revived by his hero, B.S. Christiansen. After his return to life, Dolph joined B.S. Christiansen on a secret mission with his squad of special elite soldiers, leaving Wullf without any career possibilities at all, not counting Wulff's idea for a Crocodile Dundee style show, mainly about himself wearing a leather hat. Dolph returned in the next episode, since his mission was accomplished, with 9000 baby seals dead.
A running gag with Dolph was that despite his fascist exterior and claiming a huge love of all actionmovies and war, in some cases, such as when he is afraid, woozy or thinks that he is not being watched, he will express love of Meg Ryan, and especially Sleepless in Seattle, of which he hopes that they will make a sequel.