David Andolfatto on a Standing Repo Facility, Safe Asset Shortage, and the Fed's Low Inflation Problem

Published: May 6, 2019, 4:30 a.m.

David Andolfatto is a vice president of the St. Louis Federal Reserve Bank and is published widely in the field of monetary economics. He also blogs at MacroMania, and has recently published on issues such as the zero lower bound, the symmetry of the Fed\u2019s inflation target, a new standing repo facility, and MMT. David is a returning guest to Macro Musings, and he joins the show today to talk about these issues. \xa0David and David also discuss the safe asset shortage, average and flexible inflation targeting, and the legal, political, and economic restraint surrounding negative interest rates.

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Transcript for the episode:\xa0https://www.mercatus.org/bridge/podcasts/05062019/safe-assets-symmetric-inflation-and-mmt

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David Andolfatto\u2019s Twitter: @dandolfa

David Andolfatto\u2019s blog: http://andolfatto.blogspot.com/

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Related Links:

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*Is Low Inflation Really a Mystery?* by David Beckworth

https://macromarketmusings.blogspot.com/2019/04/is-low-inflation-really-mystery.html

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*Why the Fed Should Create a Standing Repo Facility* by David Andolfatto and Jane Ihrig

https://www.stlouisfed.org/on-the-economy/2019/march/why-fed-create-standing-repo-facility

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David Beckworth\u2019s blog: macromarketmusings.blogspot.com
David Beckworth\u2019s Twitter: @DavidBeckworth

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Disclaimer: Anything that David Andolfatto says reflects his own personal views and not the views of the Federal Reserve.