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17min chapter
George Selgin on Strategic Bitcoin Reserves, Debanking, and the Fed’s Framework Review
Macro Musings with David Beckworth
Monetary Policy and the Fed's Future
This chapter examines the implications of the Trump administration's fintech regulations and the Federal Reserve's recent framework review, focusing on the need for a shift towards nominal GDP targeting. The discussion critiques the Fed's current inflation-targeting strategy and emphasizes a holistic understanding of macroeconomic stability, advocating for a more robust monetary framework. Exploring concepts like FATE-N, the speakers argue for credibility in policy-making to effectively respond to various economic shocks.
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Discover
highlights
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