Podcasts Business Non-Profit Macro Musings with David Beckworth Larry White on Stablecoins, Money Market Funds, and the History of Free Banking

Larry White on Stablecoins, Money Market Funds, and the History of Free Banking

Published: Aug. 2, 2021, 4:30 a.m.

Larry White is a professor of economics at George Mason University and is a returning guest to the show. He rejoins Macro Musings to talk about stablecoins, the history of free banking, and money market funds reform. Specifically, David and Larry also discuss the critiques levied against stablecoins, their impact on the banking system, and why stablecoins could be considered the new version of money market mutual funds.

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Transcript for the episode can be found here.

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Larry\u2019s Twitter: @lawrencewhite1

Larry\u2019s GMU profile: https://economics.gmu.edu/people/lwhite11

Larry\u2019s Alt-M profile: https://www.alt-m.org/author/white/

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Related Links:

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*Should We Fear Stablecoins?* by Larry White

https://www.alt-m.org/2021/06/24/should-we-fear-stablecoins/

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*Taming Wildcat Stablecoins* by Gary Gorton and Jeffery Zhang

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3888752

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*Overview of the Recent Events and Potential Reform Options for Money Market Funds* by the President\u2019s Working Group on Financial Markets

https://home.treasury.gov/system/files/136/PWG-MMF-report-final-Dec-2020.pdf

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Larry White on India\u2019s Demonetization and Austrian Macroeconomics: https://macromusings.libsyn.com/47-larry-white-on-indias-demonetization-and-austrian-macroeconomics

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