Will Roberds, an economist emeritus at the Federal Reserve Bank of Atlanta, and Steve Quinn, a professor at Texas Christian University, dive into the fascinating history of the Bank of Amsterdam. They unveil the secrets of centuries-old ledgers, revealing how this early institution pioneered concepts like repo operations and active open market transactions. The discussion connects historical practices to today's central banking, exploring the impact of Amsterdam on global finance, stability, and wartime economics, while also highlighting lessons for contemporary monetary policy.
