What are the Real Costs of the Fed’s Operating Losses | Macro Musings

On this week’s episode of Macro Musings, Kris Mitchener discusses how he fell in love with building data sets out of old dusty archives, the origins and fall of bimetallism, the pros and cons of the gold standard, the problem of operating losses on the Fed’s balance sheet, what truly anchors the price level, and much more.

Read the transcript or listen to the full episode here: https://www.mercatus.org/macro-musings/kris-mitchener-what-actually-anchors-price-level

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Видео What are the Real Costs of the Fed’s Operating Losses | Macro Musings канала Macro Musings with David Beckworth