Will Roberds and Steve Quinn on the Original Central Bank: the Bank of Amsterdam
Macro Musings with David Beckworth
Release Date: 10/27/2025
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Macro Musings with David Beckworth
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info_outlineWill Roberds is an economist emeritus of the research department of the Federal Reserve Bank of Atlanta. Steve Quinn is a professor of economics at Texas Christian University. In Will and Steve’s first appearance on the show they discuss the historical significance of the Bank of Amsterdam, The use of ledger at the Bank of Amsterdam, It’s use of repo and open market operations, it’s connection to central banking today, and much more.
Check out the transcript for this week’s episode, now with links.
Recorded on September 23rd, 2025
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Timestamps
00:00:00 - Intro
00:00:53 - Bank of Amsterdam
00:10:31 - Bank of Amsterdam’s Ledger
00:32:09 - Motivations
00:36:49 - Seven Years’ War
00:40:53 - The Repo Versus the Open Market
00:56:30 - Outro