Roaring Back My Eye! (Part 1)

When B-Dud (aka former Fed head Bill Dudley) says something, you can be pretty sure it’s what the vast majority of movers and shakers on both ends of the Acela Corridor also believe. That’s because his financial lineage runs through several decades as Goldman Sachs top economist and then as President of the New York Fed.

The latter actually hosts the central bank’s digital printing press (aka Open Markets Desk), where B-Dud spent years shaping today’s malefic Keynesian consensus and, in turn, became a walking, talking embodiment of its baleful precepts.