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George Selgin is a senior fellow and director emeritus of the Center for Monetary and Financial Alternatives at the Cato Institute and is also a long-time returning guest of Macro Musings. In this bonus segment from the previous conversation, George rejoins the podcast to talk about the Fed\u2019s near-term plans to shrink its balance sheet, the impact of the standing repo facility on demand for reserves, the potential benefits of returning to a corridor operating system, and more. \xa0

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Transcript for the episode can be found here.

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George\u2019s Twitter: @GeorgeSelgin

George\u2019s Cato Institute profile: https://www.cato.org/people/george-selgin

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Related Links:

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*Floored!* by George Selgin

https://www.cato.org/working-paper/floored

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*The Menace of Fiscal QE* by George Selgin

https://www.cato.org/books/menace-fiscal-qe

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*Churning at the Fed* by Milton Friedman

https://miltonfriedman.hoover.org/internal/media/dispatcher/214260/full

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David\u2019s Twitter: @DavidBeckworth

David\u2019s blog: http://macromarketmusings.blogspot.com/