Senator Pat Toomey on Fed Governance, Monetary Policy, and the future of Digital Assets
Macro Musings with David Beckworth
Release Date: 02/10/2025
Scott Lincicome on the Trump Trade War
Macro Musings with David Beckworth
Subscribe to David's Substack: Scott Lincicome is the vice president of general economics and trade at Cato. Scott returns to the program to discuss the past, present, and future of Trump’s trade war, the impact of tariffs on the US consumer, myths about globalization, the state of globalization worldwide, and much more. Check out the for this week’s episode, now with links. Recorded on March 19th, 2025 Follow David Beckworth on X: Follow Scott Lincicome on X: Follow the show on X: Check out our new AI chatbot: the ! Join the new Macro Musings ! Join the Macro...
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Macro Musings with David Beckworth
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Athanasios Orphanides on Real-Time Monetary Rules and their Impact on the Fed’s Framework Review
Macro Musings with David Beckworth
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Macro Musings with David Beckworth
Dean Ball is a research fellow at the Mercatus Center. In Dean’s first appearance on the show, he explains the AI revolution, current AI developments, policy implications of the AI boom, and the future of AI. Check out the for this week’s episode, now with links. Recorded on February 19th, 2025 Follow David Beckworth on X: Follow the show on X: Follow Dean on X: Check out our new AI chatbot: the ! Join the new Macro Musings ! Join the Macro Musings Check out our Macro Musings to David's new BTS YouTube Channel Timestamps: (00:00:00) – Intro...
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Macro Musings with David Beckworth
Liya Palagashvili is a senior research fellow and director of the Labor Policy Project at the Mercatus Center. In Liya’s first appearance on the show she explains federal and state level changes to labor regulations, who makes up the gig economy workforce, the role women play in the independent workforce, the novel concept of portable benefits, and much more. Check out the for this week’s episode, now with links. Recorded on January 31st, 2025 Follow David Beckworth on X: Follow the show on X: Follow Liya on X: Check out our new AI chatbot: the ! Join the new Macro...
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Evan Koenig on the Case for Nominal GDP Targeting
Macro Musings with David Beckworth
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Steven Kelly on the Challenges of Treasury Equity Funding for 13(3) Facilities
Macro Musings with David Beckworth
Steven Kelly is the associate director of research as the Yale Program on Financial Stability. Steven returns to the show to discuss his new model, the Treasury Equity Model of the Federal Reserve’s emergency lending. Check out the for this week’s episode, now with links. Recorded on January 23rd, 2025 Follow David Beckworth on X: Follow Steven Kelly: Follow the show on X: Check out our new AI chatbot: the ! Join the new Macro Musings ! Join the Macro Musings Check out our Macro Musings to David's new BTS YouTube Channel Timestamps: (00:00:00) –...
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Senator Pat Toomey on Fed Governance, Monetary Policy, and the future of Digital Assets
Macro Musings with David Beckworth
Pat Toomey is a former senator from the state of Pennsylvania and served on the Committee on Banking, Housing, and Urban Affairs. In Pat’s first appearance on the show he discussed his career in public service, Fed master accounts, the future on monetary policy, his quest for Fed accountability, the looming debt issue, and much more. Check out the for this week’s episode, now with links. Recorded on January 23rd, 2025 Follow David Beckworth on X: Follow Pat Toomey: Follow the show on X: Check out our new AI chatbot: the ! Join the new Macro Musings ! Join the Macro...
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Brian Albrecht on Business Dynamism, Greedflation, and Antitrust
Macro Musings with David Beckworth
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The Fed Framework Review: Macro Musings’ Greatest NGDP Targeting Hits
Macro Musings with David Beckworth
On this special greatest hits compilation episode our host David Beckworth primes listeners for the Fed Framework Review by highlighting the best snippets from past shows discussing nominal GDP targeting. This episode includes Mary Daly’s thoughts on NGDP targeting, Evan Koenig on the basics of NGDP targeting, George Selgin on Powell’s hesitations with NGDP targeting and how it responds to supply shocks, Jim Bullard on the financial stability of NGDP targeting, Eric Sims on the New Keynesian argument for NGDP targeting, Carola Binder on the benefits of NGDP targeting, Charlie Evans on the...
info_outlinePat Toomey is a former senator from the state of Pennsylvania and served on the Committee on Banking, Housing, and Urban Affairs. In Pat’s first appearance on the show he discussed his career in public service, Fed master accounts, the future on monetary policy, his quest for Fed accountability, the looming debt issue, and much more.
Check out the transcript for this week’s episode, now with links.
Recorded on January 23rd, 2025
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Timestamps:
(00:00:00) – Intro
(00:01:09) – Senator Toomey’s Committee Work
(00:21:21) – Federal Reserve Master Accounts
(00:27:07) – Accountability of the Fed
(00:30:07) – Monetary Policy
(00:45:19) – Debts, Deficits, and Fiscal Policy
(00:57:22) – Outro