Macro Musings with David Beckworth Ryan Avent on Hyperinflation and the Fed’s New Dovish Direction
Ryan Avent is an economics columnist with The Economist magazine and is a previous guest of Macro Musings. He joins the show today to talk about some of his recent columns including work on hyperinflation, the Green New Deal, and Fed policy. David and Ryan also discuss the growing popularity of Modern Monetary Theory, the Fed’s dovish change in direction, and why hyperinflation is so devastating to a nation’s economy.
Transcript for the episode: https://www.mercatus.org/bridge/podcasts/03112019/hyperinflation-and-mmt
Ryan’s Twitter: @ryanavent
Ryan’s Economist profile: http://mediadirectory.economist.com/people/ryan-avent/
Related Links:
*Hyperinflations Can End Quickly, Given the Right Sort of Regime Change* by Ryan Avent
*Taking the Fed at its Word: Direct Estimation of Central Bank Objectives using Text Analytics* by Adam Shapiro & Daniel Wilson
https://www.frbsf.org/economic-research/files/wp2019-02.pdf
David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth