Épisodes

  • Will Roberds and Steve Quinn on the Original Central Bank: the Bank of Amsterdam
    Oct 27 2025

    Will Roberds is an economist emeritus of the research department of the Federal Reserve Bank of Atlanta. Steve Quinn is a professor of economics at Texas Christian University. In Will and Steve’s first appearance on the show they discuss the historical significance of the Bank of Amsterdam, The use of ledger at the Bank of Amsterdam, It’s use of repo and open market operations, it’s connection to central banking today, and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on September 23rd, 2025

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    Timestamps

    00:00:00 - Intro

    00:00:53 - Bank of Amsterdam

    00:10:31 - Bank of Amsterdam’s Ledger

    00:32:09 - Motivations

    00:36:49 - Seven Years’ War

    00:40:53 - The Repo Versus the Open Market

    00:56:30 - Outro

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    57 min
  • Jim Clouse on the Last 4 Decades at the Most Powerful Central Bank in the World
    Oct 20 2025

    Jim Clouse is a veteran of the Federal Reserve System and is currently a fellow at the Andersen Institute. In Jim’s first appearance on the show, he discusses the evolution of monetary rules at the Fed, what happened at the Fed during Y2K, 9/11, the Great Financial Crisis, and the COVID Pandemic, the ever changing stigma of the discount window, Ted Cruz’s calls to end interest on reserves, and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on September 11th, 2025

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    Timestamps

    00:00:00 - Intro

    00:03:16 - Jim’s Career

    00:05:38 - Monetary Rules at the Fed

    00:09:12 - Increasing Transparency at the Fed

    00:17:25 - Y2K and the Fed

    00:26:19 - Discount Window

    00:32:21 - Global Financial Crisis

    00:39:10 - Covid Pandemic

    00:46:10 - Jim’s Current Research

    01:00:31 - Outro

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    1 h et 1 min
  • Manmohan Singh on the Meaning on the Meaning of Money after the GENIUS Act
    Oct 13 2025

    Manmohan Singh is the editor-in-chief of the Journal of Financial Markets Infrastructure. Manmohan returns to the show to discuss whether money still matters, the impacts of the GENIUS ACT, the lobbying show down over stablecoins in the US, stablecoins impact on the Eurodollar market, and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on September 10th, 2025

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    Timestamps

    00:00:00 - Intro

    00:02:12 - Does Money Still Matter?

    00:10:33 - Stablecoins

    00:37:53 - Stablecoins and the Eurodollar Market

    00:53:15 - Outro

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    54 min
  • Raphael Bostic on Life as a Regional Fed President, the Responsibilities of a Dual Mandate, and the Results of the 2025 Framework Review
    Oct 6 2025

    Raphael Bostic is the president and chief executive officer of the Federal Reserve Bank of Atlanta. In President Bostic’s first appearance on the show, he discusses his love of birding, what that teaches him about central banking, the unique role of the Federal Reserve Bank of Atlanta, switching for FIT to FAIT back to FIT, what to do about inflation, the importance of globalization, rising fiscal pressures, and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on September 23rd, 2025

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    Timestamps

    00:00:00 - Intro

    00:01:34 - Birding

    00:06:07 - Birding's Connection to Central Banking

    00:09:05 - Atlanta Fed

    00:15:27 - Fed Framework Revisions

    00:24:31 - Inflation

    00:32:23 - Forecasted Long-Run Federal Funds Rate

    00:37:43 - Globalization

    00:39:13 - Fiscal Pressures

    01:03:39 - Outro

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    43 min
  • Jon Hartley on the Legacy of John Taylor and his New Measure of R-Star
    Sep 29 2025

    Jon Hartley is a macroeconomist and affiliated scholar at the Mercatus Center. Jon returns to the show to discuss the most recent Hoover Monetary Conference, the legacy of John Taylor, why central banks should be using his new measure of r-star, the status of debt management at the US Treasury, and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on August 26th, 2025

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    Follow Jon Hartley on X: @Jon_Hartley_

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    Timestamps

    00:00:00 - Intro

    00:05:56 - John Taylor’s Contributions to Economics

    00:34:10 - Better Measure of R-Star

    00:48:11 - The Government’s Debt Management Policy

    01:03:39 - Outro

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    1 h et 4 min
  • Marc Giannoni on the Fed’s Framework Review, it’s Independence, and the Future of R-Star
    Sep 22 2025

    Marc Giannoni is a managing director and the chief US economist at Barclays Capital. In Marc’s first appearance on the show he discusses working on the 2020 Fed Framework Review, the troubling issues of Fed independence and fiscal dominance, the future of long rates and r-star, his influential 2006 paper about what good monetary policy looks like, and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on August 28th, 2025

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    Timestamps

    00:00:00 - Intro

    00:01:35 - Marc’s Career

    00:06:41 - Fed’s Framework Review

    00:20:46 - Fed Independence

    00:27:12 - Long-Term Rates

    00:43:39 - Has Monetary Policy Become More Effective?

    00:55:48 - Outro

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    56 min
  • Samim Ghamami on the Treasury Markets Impact on the Future Path of Interest Rates and Inflation
    Sep 15 2025

    Samim Ghamami is former SEC economist. Samim returns to the show to discuss the fiscal trajectory of the US, the outlook of interest rates, the US Treasury market’s impact on inflation, potential reforms to the Treasury market and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on August 5th, 2025

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    Timestamps

    00:00:00 - Intro

    00:01:42 - Fiscal Trajectory of the US

    00:3:55 - Interest Rates

    00:21:28 - Inflation

    00:39:53 - Treasury Market Reform

    00:48:05 - Outro

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    49 min
  • Jerry Dwyer on the History of Free Banking and the Future of Bitcoin
    Sep 8 2025

    Jerry Dwyer is a professor emeritus of economics at Clemson, a vice president at the Federal Reserve Bank of Atlanta and is currently a senior fellow at the Bitcoin Policy Institute. In Jerry’s first appearance on the show, he discusses what it was like having Milton Friedman as a mentor, the history of free banking, the status of cryptocurrencies including Bitcoin, and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on July 22nd, 2025

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    Timestamps

    00:00:00 - Intro

    00:01:24 - Jerry’s Career

    00:12:01 - Free Banking Period

    00:28:37 - Bitcoin and Stablecoins

    00:55:44 - Outro

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    56 min