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David Andolfatto

David Andolfatto

Macroeconomic Theory & Policy

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Substack
PricingOnly free issuesPublishesWeekly
Issues11SubscribersRead davidandolfatto.substack.com

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Latest Issues

Recent posts by this newsletter. Browse the email archive.

ESWC Panel on the State of CBDC

Today at the Econometric Society World Congress in Seoul, I joined a panel on central bank digital currencies (CBDCs). I presented the U.S. perspective. A short summary follows. (Co-panelists pictured.)

3 months ago
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On Fed Transparency

James Fishback raises a fair question about the Federal Reserve: if its policy decisions are grounded in data and fundamentals, why not let the public observe its internal deliberations? Why all the secrecy?

4 months ago
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Trump, Waller, and the Coincidence of Correctness

It’s easy—perhaps too easy—to dismiss Donald Trump’s views on monetary policy. After all, he is not a trained economist, nor does he possess any obvious background in the theory or practice of central banking. So when he calls for lower int...

4 months ago
3
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Is Tether Ripe for a Bank Run?

With a market cap of $147B, USDT (USD Tether) is now the world’s largest stablecoin. In 2019, it had a market cap of around $2B. Tether has been growing rapidly. Is this a problem for global financial stability? A couple of years back I pub...

7 months ago
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Authors

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  • David Andolfatto

    Construction worker turned academic turned central banker turned academic again. Chair, Economics Department, University of Miami

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