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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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Stanley Fischer

FOMC, Interest on excess reserves, negative interest rates, reverse repos, Stanley Fischer
News, The Fed & Central Banks

No Exit

Walker Todd/February 9, 2016June 19, 2022

Sartre famously wrote, "L'enfer, c'est les autres" (“Hell is other people").  In his recent speech, Fed Vice Chairman Stanley Fischer, assisted, as he says, by William English of the Board's staff, supplies an example of hell being the "other policy." The last substantive paragraph of Fischer’s speech…

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Quantitative Easing
News, The Fed & Central Banks

Doc Selgin's QE Eye Test

George Selgin/June 15, 2015June 19, 2022

Some weeks ago, I made some critical observations concerning the Fed's contribution to  the recovery.  In particular, I complained that, despite the decidedly mixed and ambiguous results of empirical assessments thus far, the view that Quantitative Easing has been a smashing success seemed well on its way…

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About Us

Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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