
Macroeconomic Theory & Policy
| Platform | Pricing | Only free issues | Publishes | Weekly | |
|---|---|---|---|---|---|
| Issues | 11 | Subscribers | Read | davidandolfatto.substack.com |
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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.)
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?
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...
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...
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The writers behind this newsletter.
Construction worker turned academic turned central banker turned academic again. Chair, Economics Department, University of Miami
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