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Event video: AEI: Is the Federal Reserve Behind the Curve?
Event Summary
On October 8, AEI’s Desmond Lachman hosted Donald Kohn of the Brookings Institution, Nathan Sheets of Citigroup, William White of the C. D. Howe Institute, and Alex J. Pollock of the Mises Institute to discuss whether the Federal Reserve was behind the curve in cutting interest rates to support the economy.
The panelists generally agreed that while the Fed has had considerable success in regaining inflation control without inducing a recession, the Fed should be more forward-looking in making its policy decisions. They agreed that the Fed’s task is complicated by a high degree of uncertainty as to future shocks. These included the risk that the Middle Eastern conflict could cause a spike in oil prices and that the commercial real estate sector’s slump could adversely affect regional banks, as well as an unsustainable public debt situation, an increasing tide of protectionism, and the collapse of China’s real-estate market.
Each panelist commented on whether the Federal Reserve’s recent decision to cut interest rates was consistent with meeting its 2 percent inflation target and avoiding an economic recession. They agreed that while signs were encouraging, it was too early make a final judgment. The event concluded with an audience Q&A.
—Jack Rowing
Event Description
Following years of ultra-easy monetary policy, the Federal Reserve has over the past two years pursued a tight monetary policy to regain control over inflation. As inflation shows signs of easing, the debate about the pace of lowering interest rates has intensified.
This event will discuss whether the Fed has successfully achieved a soft economic landing and how Fed policy has affected financial stability.
Submit questions to Jack.Rowing@aei.org or on Twitter with #AskAEIEcon.
Event Materials
Agenda
2:00 p.m.
Opening Remarks:
Desmond Lachman, Senior Fellow, American Enterprise Institute
2:05 p.m.
Panel Discussion
Panelists:
Donald Kohn, Robert V. Roosa Chair in International Economics, Brookings Institution
Desmond Lachman, Senior Fellow, American Enterprise Institute
Nathan Sheets, Global Chief Economist, Citigroup
William White, Senior Fellow, C. D. Howe Institute
Moderator:
Alex J. Pollock, Senior Fellow, Mises Institute
3:30 p.m.
Q&A
4:00 p.m.
Adjournment
Event video: Thirteenth Transatlantic Law Forum
Hosted by Law & Economics Center at GMU Scalia Law in June 2024.
Finance can flow across jurisdictions in multilevel markets much more easily than goods, most services, or labor. Its structure, costs and distribution of gains are more fully organized by law and regulation than perhaps any other part of the economy. The legal and political idiosyncracies of the U.S. and EU have both produced complex mixes—arguably messes—of erratic financial integration. American markets feature omnipresent “too big to fail” kingpins, community lenders and insurance firms under 50 different regulators, and often-struggling regional banks between them. Europe’s mix is messier: cross-border “passporting” rules and partly-integrated supervision without centralized deposit insurance have unleashed cross-border activity for some financial services, but barely touched areas like retail banking. Are rationalizations on either side imaginable, and how would they relate to each other?
Kathryn Judge, Harvey J. Goldschmid Professor of Law and Vice Dean for Intellectual Life, Columbia Law School
Niamh Moloney, Professor, London School of Economics and Political Science
Paolo Saguato, Professor of Law, George Mason University Antonin Scalia Law School
David Zaring, Elizabeth F. Putzel Professor and Professor of Legal Studies & Business Ethics, University of Pennsylvania Wharton College of Business
Moderator: Alex J. Pollock, Senior Fellow, Mises Institute for Austrian Economics
Event: Mises Supporters Summit 2024
Hosted by the Mises Institute.
Get ready for an extraordinary experience at the 2024 Supporters Summit featuring Lew Rockwell, Tom DiLorenzo, and special guest Tom Luongo. The Summit will take place October 10–12, 2024, at the lovely Omni Hilton Head Oceanfront Resort on the stunning Hilton Head Island.
The theme of this year’s Supporters Summit is “Our Enemy, the State.” Perhaps no institution dominates modern life more than the state, which for centuries has tolerated no competition, whether from families, churches, or local communities. Rather, the state demands total obedience and monopolistic power. Few other institutions have so thoroughly succeeded in achieving this in all of human history.
Mises Institute faculty and scholars will explore the nature, history, and consequences of the state, and how the state has sought to control every aspect of daily life through control of money, education, markets, and more.
Event Highlights:
Thursday, October 10: Kick off with a welcoming reception and registration.
Friday, October 11: Engage in speaker and scholar presentations, enjoy a catered lunch, and wrap up the day with a low country boil dinner and social hour, featuring the debut of our new documentary about the Federal Reserve.
Saturday, October 12: Gather for more presentations with our speakers and scholars, culminating in a dinner and keynote lecture from Tom Luongo.
Featured Guests:
Lew Rockwell, Tom DiLorenzo, Tom Luongo, Joe Salerno, Guido Hülsmann, Tom Woods, Bob Murphy, Jeff Herbener, Peter Klein, Alex Pollock, Timothy Terrell, Per Bylund, Patrick Newman, Mark Thornton, Shawn Ritenour, Jonathan Newman, Wanjiru Njoya, William Poole, and more.
May 22 AEI Event: The Federal Reserve and Financial Stability Risk
A video livestream will be made available on May 22. Please scroll down to view.
Contact Information
Event: Beatrice Lee | Beatrice.Lee@aei.org
Media: MediaServices@aei.org | 202.862.5829
One year after the Silicon Valley Bank failure required a Federal Reserve and Federal Deposit Insurance Corporation bailout, the US banking system is being challenged by large interest rate–related mark-to-market losses on its bond portfolio and a looming commercial property–sector crisis. What was the Fed’s role in these developments, and what should it do now?
Join as AEI scholars and experts discuss the seriousness of these challenges for the banking system and their implications for Federal Reserve policy.
Submit questions to Beatrice.Lee@aei.org or on Twitter with #AskAEIEcon.
Agenda
1:00 p.m.
Introduction:
Desmond Lachman, Senior Fellow, American Enterprise Institute
1:05 p.m.
Panel Discussion
Panelists:
Jan Hatzius, Chief Economist, Goldman Sachs
Desmond Lachman, Senior Fellow, American Enterprise Institute
Bill Nelson, Executive Vice President, Bank Policy Institute
Kevin Warsh, Shepard Family Distinguished Visiting Fellow in Economics, Hoover Institution
Moderator:
Alex J. Pollock, Senior Fellow, Mises Institute
2:30 p.m.
Q&A
3:00 p.m.
Adjournment
Related Content
Soft Landing, Hard Landing, or Financial Crisis?
Steven B. Kamin and Desmond Lachman | AEI event | January 24, 2024
Has the Fed Produced a Soft Economic Landing?
Desmond Lachman | AEI event | September 21, 2023
Event: Talks With Authors: Better Money: Gold, Fiat, Or Bitcoin?
Hosted by the Federalist Society:
In Better Money: Gold, Fiat, Or Bitcoin?, monetary expert Lawrence H. White delves into the timely debate surrounding alternative currencies amidst the backdrop of constant inflation in the fiat currency world. Better Money explains and analyzes gold, fiat dollars, and Bitcoin standards to evaluate their relative merits and capabilities as currencies. It addresses common misunderstandings of the gold standard and Bitcoin, and scrutinizes the evolution of currency, particularly the interplay between market and government roles. White provides provocative analysis of which standard might ultimately provide better money, and argues that we need a market competition among them.
Please join us as Professor Lawrence White joins discussants Alexandra Gaiser and Bert Ely, and moderator Alex Pollock to discuss Better Money.
Featuring:
Prof. Lawrence H. White, George Mason University
Alexandra Gaiser, General Counsel, Strive
Bert Ely, Principal, Ely & Company, Inc.
Moderator: Alex J. Pollock, Senior Fellow, Mises Institute
Federalist Society Event: October 2nd: How Risky Are the Banks Now? What Regulatory Reforms Make Sense?
Hosted by the Federalist Society. RSVP to attend virtually.
October 2, 2023 at 1:00 PM ET
Six months ago, we experienced bank runs and three of the four largest bank failures in U.S. history. Regulators declared there was “systemic risk” and provided bailouts for large, uninsured depositors. What is the current situation? While things seem calmer now, what are the continuing risks in the banking sector? Banks face huge mark-to-market losses on their fixed-rate assets, and serious looming problems in commercial real estate. How might banks fare in an environment of higher interest rates over an extended period, or in a recession? Reform ideas include a 1,000-page “Basel Endgame” capital regulation proposal. Which reforms make the most sense and which proposals don’t? Our expert and deeply experienced panel will take up these questions and provide their own recommendations in their signature lively manner.
PANELISTS
William M. Isaac - Chairman, Secura/Isaac Group
Keith Noreika - Executive VP & Chairman, Banking Supervision & Regulation Group, Patomak Global Partners
Lawrence J. White - Robert Kavesh Professorship in Economics, Leonard N. Stern School of Business, New York University
MODERATOR
Alex J. Pollock - Senior Fellow, Mises Institute
Sept 21: AEI Event: Has the Fed Produced a Soft Economic Landing?
Hosted by the American Enterprise Institute (AEI).
A video livestream will be available on this page starting at 2:00 PM on Thursday, September 21st. Please scroll down to view.
Contact Information
Event: Beatrice Lee | Beatrice.Lee@aei.org
Media: MediaServices@aei.org | 202.862.5829
Over the past year, US headline inflation has declined from a peak of over 9 percent to 3 percent. At around 3.5 percent, unemployment has remained close to a postwar low, while the Federal Reserve has moved away from its earlier zero interest rate policy to the most aggressive tightening cycle in the past 40 years.
Our expert panel will discuss whether the Fed has succeeded in producing a soft economic landing and will examine the remaining risks to the economy and the financial system.
Submit questions to Beatrice.Lee@aei.org or on Twitter with #AskAEIEcon.
Agenda
2:00 p.m.
Introduction:
Desmond Lachman, Senior Fellow, AEI
2:05 p.m.
Panel Discussion:
Panelists:
Donald Kohn, Robert V. Roosa Chair in International Economics, Brookings Institution
Desmond Lachman, Senior Fellow, AEI
Kevin Warsh, Shepard Family Distinguished Visiting Fellow, Hoover Institute
William White, Senior Fellow, C.D. Howe Institute
Moderator:
Alex J. Pollock, Senior Fellow, Mises Institute
3:30 p.m.
Q&A
4:00 p.m.
Adjournment
June 16 event: The 2023 Bank Runs and Failures: What Do They Mean Going Forward?
Hosted by the Federalist Society.
William M. Isaac - Chairman - Secura/Isaac Group
Keith Noreika - Executive VP & Chairman, Banking Supervision & Regulation Group - Patomak Global Partners
Lawrence J. White - Robert Kavesh Professorship in Economics - Leonard N. Stern School of Business, New York University
MODERATOR
Alex J. Pollock - Senior Fellow - Mises Institute
This year’s sudden collapse of First Republic, Silicon Valley, and Signature banks were the second, third, and fourth largest bank failures in US history, bringing perceived systemic risk and bailouts of wealthy depositors. In addition, the global Credit Suisse bank collapsed and commercial real estate losses threatened. Politicians, regulators, and bankers are debating why the massive regulatory expansion following the last crisis didn’t prevent the renewed failures. Some emphasize repetition of the classic financial blunder of buying long and borrowing short. Others question the 2018 reforms to the Dodd-Frank Act, or cite the monetary actions of the Federal Reserve. Various proposals include more deposit insurance, mark-to-market accounting, higher capital requirements, more stress tests, or bigger regulatory budgets.
Our expert panel discusses the issues and risks going forward, the outlook for new legislation and regulation, and what, if anything, should be done.
Event video: Hudson Institute: Prosperity at Risk: The Quantum Computer Threat to the US Financial System
Hosted by the Hudson Institute.
May 22, 2023.12:00 p.m. - 1:00 p.m.
Cybersecurity experts and technology policy officials, including those in the White House, are realizing that quantum computers will pose a significant threat to existing public encryption systems and that they need to act now to make America’s key infrastructure quantum ready and secure.
Join Hudson Senior Fellow and Director of the Quantum Alliance Initiative (QAI) Arthur Herman and QAI Associate Director Alex Butler as they discuss their most recent report. This publication details the potential consequences of a future quantum computer attack on the Federal Reserve, specifically the Fedwire Funds Service, which facilitates large-scale interbank transactions.
Mises Institute Senior Fellow and former Deputy Director of the Treasury Department’s Office of Financial Research Alex Pollock, and John Prisco, CEO and founder of Quantum Safe Inc., will discuss the implications of the report for the future of our financial system.
Speakers:
Arthur Herman, Senior Fellow
Alexander Butler, Associate Director, Quantum Alliance Initiative
Alex J. Pollock, Senior Fellow, Mises Institute
John Prisco, CEO and Founder, Quantum Safe, Inc.
AEI May 9: Addressing the Underlying Causes of the Banking Crisis of 2023
View Alex’s address:
AEI, Auditorium
1789 Massachusetts Avenue NW
Washington, DC 20036
In June 2017, then–Federal Reserve Chairwomen Janet Yellen said that because of enhanced Dodd-Frank Act regulations, she did not believe there would be a new financial crisis in her lifetime. Unfortunately, like many Federal Reserve forecasts, this turned out too optimistic as regulators were forced to invoke emergency systemic risk powers to contain contagious bank runs. What went wrong? Was it a failure of monetary policy? Supervision? Regulation? What changes, if any, are needed?
Join AEI as a panel of experts discusses the causes of the recent banking crisis and the federal agencies’ forensic reports and policy prescriptions and shares their own views on what policies, regulations, and supervision practices need to be reformed.
Submit questions to Catriona.Fee@AEI.org.
If you are unable to attend, we welcome you to watch the event live on this page. After the event concludes, a full video will be posted within 24 hours.
Agenda
10:00 a.m.
Introduction:
Paul H. Kupiec, Senior Fellow, AEI
10:15 a.m.
Panel Discussion
Panelists:
Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia University
Andrew Levin, Professor, Dartmouth College
Bill Nelson, Executive Vice President, Bank Policy Institute
Alex J. Pollock, Senior Fellow, Mises Institute
Moderator:
Paul H. Kupiec, Senior Fellow, AEI
12:00 p.m.
Q&A
12:30 p.m.
Adjournment
PG-15: FEDSOC STUDY BREAK: Cryptocurrency From All Angles
Watch the video here.
The Federalist Society’s Financial Services & E-Commerce Practice Group, Student Division & University of Pennsylvania Carey Law School Chapter
PRESENT
Cryptocurrency From All Angles
Featuring
Alex J. Pollock
Senior Fellow, Mises Institute;
Executive Committee Member,
Financial Services & E-Commerce Practice Group
Tuesday, April 18, 2023
Breaktime: 8:00 P.M. - 8:30 P.M. ET
Federalist Society virtual event: Cryptocurrency Regulation in the Aftermath of FTX
Hosted by the Federalist Society. Click here for more.
The collapse of FTX has intensified the debate about how cryptocurrencies should be regulated, including proposed federal legislation. With a string of cryptocurrency failures and tens of billions in losses for investors, increased regulation has become a hot topic. As Bloomberg summarized: “Crypto is squarely in the cross hairs of Washington” and “Oversight of digital assets is among the most pressing issues for US financial watchdogs.”
Should cryptocurrency firms be regulated as banks? Should cryptocurrency assets be regulated as securities or as commodities? If so, who is the right regulator? Do we need new federal legislation? With enhanced financial and risk disclosures, should cryptocurrency firms only be subject to standard commercial law and, if they fail, normal bankruptcy proceedings? These issues will be addressed by this fourth in a continuing series of cryptocurrency webinars presented by the Federalist Society’s Financial Services and E-Commerce Practice Group.
Featuring:
The Honorable Cynthia Lummis, United States Senator, Wyoming
Jerry Loeser, Of Counsel, Winston & Strawn LLP (Retired)
Steve Lofchie, Partner, Financial Services, Fried Frank
Alex J. Pollock, Senior Fellow, Mises Institute
Moderator: J.C. Boggs, Partner, Government Advocacy and Public Policy, King & Spalding
Opening remarks:
Empire Salon | Alex Pollock & Howard Adler
Hosted by Committee for the Republic. Full video here.
The Committee for the Republic seeks to restore Congress as the exclusive custodian of the war power under the U.S. Constitution. Since the Korean War, American foreign policy has operated extra-constitutionally featuring presidential usurpation and congressional abdication. The price has been staggering—not only in the squandering of trillions of dollars and lives lost but in the annihilation of liberty and the rule law. Committee salons also explore the funding necessary to finance the wars that earmark an imperial presidency. The Federal Reserve is the rich uncle of war finance.
Central banking is a cornerstone of government power under any monetary standard. But it is a lead actor in our pure fiat currency system. The first step was taken in 1933 when President Franklin Roosevelt by executive order prohibited Americans from owning gold. The culminating step was taken in 1971 by President Nixon's severing of the last tie of the dollar to gold -- putting the world on an "elastic" paper money standard.
Alex Pollock and Howard Adler will address their new book, Surprised Again!--The Covid Crisis and the New Market Bubble. It dissects the 2020 financial panic, the massive government interventions to finance it, and the ensuing Everything Bubble and high inflation. With fiat currency in unlimited supply, the Fed was essential to financing these expansions of government. Its balance sheet ballooned by over $4 trillion in printing the dollars needed to "lend freely" into the financial crisis and to cover the staggering government deficits which ensued. The Fed performed the real first mission of every central bank: financing the government of which it is a part.
The salon will also explore the wider implications of the role of the Fed as paymaster of the American empire and enabler of our multi-trillion-dollar military-industrial-security complex. Since the Bank of England was formed in 1694 to finance King William's wars, the link of central banking to war finance has continued. The Constitution entrusts to Congress financing government operations, but Congress has surrendered responsibility to the executive branch and the central bank. The dollar as a reserve currency enables the Fed to fund the empire with foreign dollar holdings.
Opening remarks:
Have we lost an independent central bank?
In post-WW1 Germany, who caused inflation?
Explain if we are really surprised by massive financial events or not.
What are the implications long-term of manipulating interest rates?
How expensive would wars be if we weren't the reserve currency?
Broad question about the role of the Fed.
Question about the broad role of the Fed and its political involvement as well as the value of currency boards.
Jan 17 AEI Event: Should the Federal Reserve Raise Its Inflation Rate Target?
Near-zero interest rates prevailed for more than a decade, raising concerns that the Federal Reserve lacked policy tools should stimulus be needed to counteract a recession. While some central banks experimented with negative rates, the Fed adopted quantitative easing (QE) to stimulate the economy without lower rates.
Some economists argue that the Fed should raise its inflation target so that normalized interest rates are high enough to allow interest rate cuts to stimulate the economy without resorting to QE. A recent Wall Street Journal article argues that an optimal inflation target could be as high as 4 percent—or even 6 percent.
Join AEI as a panel of experts discuss arguments for and against changing the Fed’s inflation target.
LIVE Q&A: Submit questions to Beatrice.Lee@aei.org or on Twitter with #AskAEIEcon
Agenda
10:00 a.m.
Introduction:
Paul H. Kupiec, Senior Fellow, AEI
10:15 a.m.
Panel Discussion
Panelists:
Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia Business School
Gerald P. Dwyer, Professor and BB&T Scholar, Clemson University
Thomas Hoenig, Distinguished Senior Fellow, Mercatus Center
Alex J. Pollock, Senior Fellow, Mises Institute
Moderator:
Paul H. Kupiec, Senior Fellow, AEI
11:45 a.m.
Q&A
12:00 p.m.
Adjournment
Dec. 7: AEI: Surprised Again!―The COVID Crisis and the New Market Bubble
Hosted by the American Enterprise Institute. Also video on C-SPAN here.
Alex Pollock and Howard Adler were senior US Treasury officials during the financial markets’ bust-to-boom cycle of the COVID-19 crisis. Their new book, Surprised Again!—The COVID Crisis and the New Market Bubble (Paul Dry Books, 2022), analyzes how the government’s crisis response affected the US financial system. Their clear exposition of the financial stability risks lurking in the Federal Reserve, housing, pension funds, municipal finance, student loans, and cryptocurrencies may surprise many readers with the extent of the financial system problems hiding in plain sight.
Join AEI as Christopher DeMuth and Paul Kupiec engage Mr. Pollock and Mr. Adler in a discussion of the many important issues the authors raise in Surprised Again!
LIVE Q&A: Submit questions to Beatrice.Lee@aei.org or on Twitter with #AskAEIEcon.
Agenda
5:00 p.m.
Introduction:
Paul H. Kupiec, Senior Fellow, AEI
5:10 p.m.
Book Preview:
Alex J. Pollock, Senior Fellow, Mises Institute
Howard B. Adler, Former Deputy Assistant Secretary of the Treasury, Financial Stability Oversight Council
5:35 p.m.
Discussion:
Christopher DeMuth, Distinguished Fellow, Hudson Institute
Paul H. Kupiec, Senior Fellow, AEI
6:00 p.m.
Q&A
7:00 p.m.
Adjournment
Dec. 15: Johns Hopkins: "Surprised Again!" Book Conversation with Howard Adler & Alex Pollock
Hosted by Johns Hopkins University:
Sponsored by Alumni in Government, Education, Law & Policy, Alumni in Real Estate, Administration & Finance, Alumni in Arts, Media, Athletics and Entertainment and the Office of Alumni Relations Lifelong Learning
Are you interested in finance or even the economy? Join former Treasury officials, Howard Adler and Alex J. Pollock as they present their book "Surprised Again!:The COVID Crisis and the New Market Bubble". Howard and Alex will present Chapter 6, “Cryptocurrencies: An Assault on central Banks or Their New Triumph?” and Chapter 12, “Central Banking to the Max” and discuss the impact of the COVID pandemic and the economic bubbles in the economy. Dive in for the opportunities to ask questions and get answers!
Learn more and purchase this well reviewed book here at https://www.pauldrybooks.com/products/surprised-again-the-covid-crisis-and-the-new-market-bubble and also available through most book sellers including Amazon, Barnes & Noble, Target, Walmart, etc.
Surprised Again! Book Overview
About every ten years, we are surprised by a financial crisis. In 2020, we were Surprised Again! by the financial panic of the spring triggered by the Covid-19 pandemic. Not one of the 30 official systemic risk studies developed in 2019 had even hinted at this financial crisis as a possibility, or at the frightening economic contraction which resulted from the political responses to control the virus. In response came the unprecedented government fiscal and monetary expansions and bailouts. Later 2020 brought a second big surprise: the appearance of an amazing boom in asset prices, including stocks, houses, and cryptocurrencies.
Alex Pollock and Howard Adler lived through this historic instability while serving as senior officials of the U.S. Department of the Treasury. Their book lays out the many elements of the panic and its aftermath, from the massive elastic currency operations which rode to the rescue by financing the bust with unprecedented government debt, to the consequent asset price boom, which included a renewed bubble in house prices financed by government guarantees. It considers key leveraged sectors such as commercial real estate, student loans, pension funds, banks, and the government itself. It reflects on how to understand these events both in retrospect and prospect.
Event Sept 14: What’s Next for Crypto: Implications of Deflated Prices and Turmoil in Cryptocurrency Markets
Teleforum hosted by the Federalist Society.
Events of 2022 brought a "crypto winter," with average prices of cryptocurrencies falling about 70% from their 2021 highs, the bankruptcy of several crypto companies, the complete collapse of a popular so-called "stable" coin, unexpected suspensions of withdrawals by some crypto issuers, large losses by individual investors, and heightened efforts toward expanded regulation and legislation. What does this all mean going forward? Was this simply the end of another bubble and popular delusion which will now wither? Or was it the winnowing out of a typical innovative overexpansion, with a more mature ongoing cryptocurrency industry continuing, perhaps one with significant regulation? This webinar will examine where crypto will go from here.
Featuring:
Bert Ely, Principal, Ely & Company, Inc.
Alexandra Gaiser, Director of Regulatory Affairs, River Financial
Steven Lofchie, Corporate Partner, Fried Frank
J.W. Verret, Associate Professor of Law, Antonin Scalia Law School, George Mason University
Moderator: Alex Pollock, Senior Fellow, the Mises Institute
AEI Event July 26: Is It Time to Rethink the Federal Reserve?
Via the American Enterprise Institute.
The Federal Reserve is having a bad year. As the Fed struggles to control inflation, it is also being asked to expand its policy remit to include climate change. Moreover, the House of Representatives just passed a bill requiring the Fed to adopt new policy goals of equal employment and wealth outcomes for targeted interest groups beyond its existing goals of price stability and full employment. How will these efforts to “rethink the Fed” affect monetary policy, credit availability, and economic growth?
Join AEI as a panel of experts discusses monetary policy, the Fed’s dual role as central banker and regulator, its independence, and recent congressional and executive branch efforts to further expand its legislative mandates.
Agenda
10:00 a.m.
Introduction:
Paul H. Kupiec, Senior Fellow, AEI
10:15 a.m.
Panel Discussion
Panelists:
Gerald P. Dwyer, BB&T Scholar, Clemson University
Alex J. Pollock, Senior Fellow, Mises Institute
George Selgin, Senior Fellow, Cato Institute
Moderator:
Paul Kupiec, Senior Fellow, AEI
11:40 a.m.
Q&A
12:00 p.m.
Adjournment
Contact Information
Event: Bea Lee | Beatrice.Lee@aei.org
Media: MediaServices@aei.org | 202.862.5829
Related
Who Owns Federal Reserve Losses, and How Will They Affect Monetary Policy?
Paul H. Kupiec and Alex J. Pollock | AEI Economic Policy Working Paper Series | June 17, 2022
The Fed Is Raising Interest Rates to Make Up for Its Own Inaction
George Selgin | Cato Institute | June 15, 2022
Government Debt and Inflation: Reality Intrudes
Gerald P. Dwyer | American Institute for Economic Research | March 22, 2022
The Federal Reserve Keeps Buying Mortgages
Alex J. Pollock | Mises Institute | January 8, 2022
Western Economic Association International: 97th Annual Conference
Conference information here.
June 29-July 3, 2022, in Portland, Oregon
Panel: Stablecoin That Might Work
Date: 6/30/2022
Time: 2:30 PM to 4:15 PM
Organizer
Walker F. Todd, Middle Tennessee State University
Chair
Walker F. Todd, Middle Tennessee State University
Papers
The Chicago Plan and CBDCs (Virtual)
Presenter(s): Ronnie Phillips
Proposal for a U.S. National Stablecoin System (In Person)
Presenter(s): Franklin Noll, Noll Historical Consulting, LLC
Which was the Better Design: National Banks of the 19th Century or Stablecoins of the 21st? (Virtual)
Presenter(s): Alex J. Pollock, Ludwig von Mises Institute
Replacing the Dollar with the SDR in International Reserves (In Person)
Presenter(s): Warren Coats, International Monetary Fund