Monday, October 9, 2017

New York Fed President Delivered a Jet Filled With Cash to Puerto Rico

For the record.

William Dudley, the New York Fed president loaded a jet with an undisclosed amount of cash and delivered it in person to Popular bank on the hurricane-devastated Puerto Rico, Bloomberg reports.



  1. Any chance of Dudly sending jet to my house loaded with $100 federal reserve notes? I could greatly use the funds.

  2. I'm as much against the Fed and fiat as the next guy, but I don't see the controversy. Was this a donation, a loan, or simply a conversion to currency? If I was in PR, I'd rather have cash too, rather than a digital balance on a bank account. Clarification?