Macro Musings with David Beckworth
BONUS: George Selgin on the Fed Taper and Shrinking the Fed’s Balance Sheet
George Selgin is a senior fellow and director emeritus of the Center for Monetary and Financial Alternatives at the Cato Institute and is also a long-time returning guest of Macro Musings. In this bonus segment from the previous conversation, George rejoins the podcast to talk about the Fed’s near-term plans to shrink its balance sheet, the impact of the standing repo facility on demand for reserves, the potential benefits of returning to a corridor operating system, and more.
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Transcript for the episode can be found here.
George’s Twitter: @GeorgeSelgin
George’s Cato Institute profile: https://www.cato.org/people/george-selgin
Related Links:
*Floored!* by George Selgin
https://www.cato.org/working-paper/floored
*The Menace of Fiscal QE* by George Selgin
https://www.cato.org/books/menace-fiscal-qe
*Churning at the Fed* by Milton Friedman
https://miltonfriedman.hoover.org/internal/media/dispatcher/214260/full
David’s Twitter: @DavidBeckworth
David’s blog: http://macromarketmusings.blogspot.com/
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