Podcasts Business Non-Profit Macro Musings with David Beckworth George Selgin on Repo Market Stress, Fed Balance Sheet Volatility, and a Standing Repo Facility

George Selgin on Repo Market Stress, Fed Balance Sheet Volatility, and a Standing Repo Facility

Published: Dec. 16, 2019, 5:30 a.m.

b'

George Selgin is the director of the Cato Institute\\u2019s Center for Monetary and Financial Alternatives and is a returning guest to the Macro Musings podcast. He joins the show today as part of a two week special on the Fed and repo markets, as he helps us take a look at recent repo market stress from the Fed\\u2019s perspective. Specifically, David and George discuss the basics of the Fed\\u2019s balance sheet, the problematic nature of the Treasury General Account and foreign repo pools, and how George would tweak standing repo facility proposals to more directly address balance sheet volatility.\\xa0

\\xa0

Transcript for the episode: https://www.mercatus.org/bridge/podcasts/12162019/george-selgin-repo-market-stress-fed-balance-sheet-volatility-and-standing

\\xa0

George\\u2019s Twitter: @GeorgeSelgin

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

\\xa0

Related Links:

\\xa0

*Stop the Presses! Or, How the Fed Can Avoid Reserve Shortages without Bulking-Up, Part 1* by George Selgin

https://www.alt-m.org/2019/11/12/dtop-the-presses-or-how-the-fed-can-avoid-reserve-shortages-without-bulking-up-part-1/

\\xa0

*Stop the Presses! Or, How the Fed Can Avoid Reserve Shortages without Bulking-Up, Part 2* by George Selgin

https://www.alt-m.org/2019/11/14/stop-the-presses-or-how-the-fed-can-avoid-reserve-shortages-without-bulking-up-part-2/

\\xa0

David\\u2019s Twitter thread on George\\u2019s proposal: https://twitter.com/DavidBeckworth/status/1202364853480017920

\\xa0

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

'