BloombergOpinion/Bill Dudley/3-19-2022
“Jerome Powell is far too optimistic about the chances of a soft landing.”
USAGOLD note: A notable fraying in the ranks …… Dudley is the former president of the New York Federal Reserve. He sees the Fed as behind the curve on inflation thus making “a hard landing virtually inevitable.” (Unless, of course, we go back to printing money, providing max liquidity, and keeping interest rates in the very low single digits, all still possible.)
