B-Dud Got That Right: The Fed Shouldn’t Enable Bad Policies—Especially Its Own!
B-Dud (aka William Dudley), former President of the powerful New York Fed and designated Goldman plenipotentiary to the nation’s ruling monetary politburo, just let a giant cat out of the bag. That is, by properly warning that the Fed should not be enabling and rewarding the Donald’s lunatic Trade Wars via easing moves designed to offset the damage, […]