Bill Dudley is the president of the Federal Reserve Bank of New York. Dudley was the chief economist for Goldman Sachs for nine years before Timothy Geithner brought to the New York Fed. to manage the buying and selling of government securities.
Why Do You Care?
Ben Bernanke's speech on Tuesday got a lot of attention but Dudley's speech later in the day is much more interesting. Dudley analyzed the macroeconomic origins of the global imbalances that caused our economic crisis and offers a direction for the future.
Bill Dudley speaks in logical and concise language that anyone can understand.
The "Economist" recommends that you should read Dudley's speech, then sell the dollar.
Check it out here...
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