Preview Mode Links will not work in preview mode

Hosted by David Beckworth of the Mercatus Center, Macro Musings is a podcast which pulls back the curtain on the important macroeconomic issues of the past, present, and future.

Feb 18, 2019

Peter Stella is the managing director of Stellar Consulting and was formerly an IMF official where he led the central banking and monetary and foreign exchange divisions. Peter has researched and written extensively on safe assets, collateral, and central banking operations, and he joins the show today to discuss this work.  David and Peter also discuss the Fed’s large scale asset purchases, money and payment systems in advanced economies, and why the U.S. Treasury should start issuing bills to the Fed.


Transcript for the episode:


Peter’s Voxeu profile:

Peter’s Research Gate archive:


David’s blog:
David’s Twitter: @DavidBeckworth