Podcasts Business Non-Profit Macro Musings with David Beckworth Scott Sumner on How Central Banks Should Respond to the Coronavirus Threat

Scott Sumner on How Central Banks Should Respond to the Coronavirus Threat

Published: March 2, 2020, 5:30 a.m.

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Scott Sumner is the Ralph G. Hawtrey Chair of Monetary Policy at the Mercatus Center at George Mason University, and a returning guest to Macro Musings. Scott joins the show today to talk about the recent market turmoil caused by the COVID-19 coronavirus and its implications for monetary policy.\\xa0 David and Scott also discuss how the Fed should respond to a possible pandemic, why monetary policy is preferable to fiscal policy during a crisis, and how to approach the central bank credibility problem.

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Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings

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Scott\\u2019s blog: https://www.themoneyillusion.com/

Scott\\u2019s Mercatus profile: https://www.mercatus.org/scholars/scott-sumner

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Related Links:

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*It\\u2019s Time for the Fed to Take On the Coronavirus Threat* by David Beckworth

https://www.nationalreview.com/2020/02/its-time-for-the-fed-to-take-on-the-coronavirus-threat/

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*The Era of Fed Power is Over. Prepare for a More Perilous Road Ahead.* by Greg Ip

https://www.wsj.com/articles/shrinking-influence-of-central-banks-ends-decades-of-business-as-usual-11579103829?mod=rsswn

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

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