95 – George Selgin on Fed Floors, Corridors, and Interest on Excess Reserves
Macro Musings with David Beckworth - Podcast autorstwa Mercatus Center at George Mason University - Poniedziałki
George Selgin is the Director of the Cato Institute Center for Monetary and Financial Alternatives and Professor Emeritus of Economics at the University of Georgia. Today, George joins the show to discuss the shrinking of the Fed’s balance sheet, the difference between corridor and floor systems in monetary policy, and the Fed’s practice of paying interest on excess reserves. David and George also discuss the issues of legality surrounding interest on reserves as well as why the Fed prefers a floor syst
