BONUS: George Selgin on the Fed Taper and Shrinking the Fed’s Balance Sheet

Macro Musings with David Beckworth

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/