fed independence, alternative currencies, fed, federal reserve, cato monetary conference

  From President Trump lobbing invectives against Federal Reserve Chairman Jerome Powell on Twitter to progressives clamoring for the Federal Reserve to use monetary policy to finance social projects, our central bank’s independence looks increasingly tenuous. Recently, Chairman Powell called for an internal "strategic review" of how…

excess reserves, fed, fed balance sheet, repos, bank reserves

"The FOMC should forget about r* for the moment and focus on … the supermassive black hole at the center of global dollar funding markets."—Zoltan Poszar, 21 August, 2019. A few weeks ago, as part of its effort to prevent overnight rates from rising above the Fed's…

Cato Monetary Conference, Fed, Federal Reserve, Richard Clarida, Monetary Alternatives

Improving the Monetary System Since 1983, the Cato Institute’s Annual Monetary Conference has brought together leading scholars and policymakers to discuss important issues in the conduct of monetary policy and steps that might be taken to improve the existing system.  The conferences have also considered ideas for…