Paul Kupiec on Problems with the Fed's Balance Sheet and Calls to End Interest on Reserves

Paul Kupiec on Problems with the Fed's Balance Sheet and Calls to End Interest on Reserves

Paul Kupiec is a senior fellow at the American Enterprise Institute. In Paul's first appearance on the show, he discusses life at a think tank, the insolvency of the Fed, theories on how to fix the Fed's balance sheet, Ted Cruz's call to end interest on reserves, and much more.

Check out the transcript for this week's episode, now with links.

Recorded on June 24th, 2025

Subscribe to David's Substack: Macroeconomic Policy Nexus

Follow David Beckworth on X: @DavidBeckworth

Follow the show on X: @Macro_Musings

Check out our Macro Musings merch!

Subscribe to David's new BTS YouTube Channel

Timestamps

00:00:00 - Intro

00:01:14 - Paul's Career

00:08:12 - Think Tanks

00:10:42 - Current State of the Fed's Balance Sheet

00:20:22 - The Federal Reserve and Gold

00:23:04 - The Fed's Unique Accounting

00:39:28 - Ending Interest on Reserve Payments to Banks

00:50:08 - Outro

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(570)

George Selgin on the New Deal and the History of Banking Crises

George Selgin on the New Deal and the History of Banking Crises

George Selgin was a senior fellow and director emeritus at the Center for Monetary and Financial Alternatives at the Cato Institute and professor emeritus of economics at the University of Georgia. Ge...

5 Okt 54min

Erik Thedéen on QE, Central Bank Independence, and Digital Payments

Erik Thedéen on QE, Central Bank Independence, and Digital Payments

Erik Thedéen is governor of Sweden's Riksbank, the world's oldest central bank, Chairman of the Executive Board, and the first sitting central bank governor to appear on Macro Musings. In his first ap...

28 Sep 53min

Ellen Correia Golay on All-to-All Trading and Treasury Market Liquidity

Ellen Correia Golay on All-to-All Trading and Treasury Market Liquidity

Ellen Correia Golay is a lead Treasury advisor in the markets group at the Federal Reserve Bank of New York. Ellen returns to the program to discuss the lessons of the March 2020 "dash for cash," how ...

21 Sep 47min

Nellie Liang on Stablecoins After GENIUS, Private Money, and the Global Dollar

Nellie Liang on Stablecoins After GENIUS, Private Money, and the Global Dollar

Nellie Liang is a former Treasury and Federal Reserve official and a senior fellow at the Brookings Institution. In Nellie's first appearance on the show, she discusses the future of stablecoins follo...

14 Sep 50min

Stephen Miran on Regulatory Dominance, Shrinking the Fed's Balance Sheet, and the Return of Monetarism

Stephen Miran on Regulatory Dominance, Shrinking the Fed's Balance Sheet, and the Return of Monetarism

Stephen Miran is a former governor of the Federal Reserve, a former chairman of the Council of Economic Advisers under President Donald J. Trump, and currently a senior strategist for Hudson Bay Capit...

7 Sep 55min

Donald Kohn on the Fed's Past, Present, and Future

Donald Kohn on the Fed's Past, Present, and Future

Donald Kohn is a 40-year veteran of the Federal Reserve System and a senior fellow in the Economic Studies program at the Brookings Institution. Don returns to the program to discuss the lessons of th...

31 Aug 1h 9min

Ben Harris on AI, Fiscal Sustainability, and the Resilience of the U.S. Economy

Ben Harris on AI, Fiscal Sustainability, and the Resilience of the U.S. Economy

Ben Harris is vice president and director of economic studies at the Brookings Institution and previously served in senior economic policy roles at the Treasury Department and Council of Economic Advi...

24 Aug 57min

Bill Nelson on Shrinking the Fed's Balance Sheet and Reviving Interbank Markets

Bill Nelson on Shrinking the Fed's Balance Sheet and Reviving Interbank Markets

Bill Nelson is chief research officer and chief economist at the Bank Policy Institute and a former deputy director of the Division of Monetary Affairs at the Federal Reserve Board. In Bill's 11th app...

17 Aug 55min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
rss-skravla-gar
rss-pa-konto
livet-pa-veien-med-jan-erik-larssen
tid-er-penger-en-podcast-med-peter-warren
rss-orjasater
pengepodden-2
finansredaksjonen
lederpodden
utbytte
morgenkaffen-med-finansavisen
stormkast-med-valebrokk-stordalen
liberal-halvtime
rss-markedspuls-2
okonomiamatorene
rss-fa-makro