Category: Monetary Policy

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Monetary Policy

The Fed’s balance sheet normalization

How will the Fed shrink its balance sheet and what should its ultimate size be? Federal Reserve Board staff, Narayana Kocherlakota, Ben Bernanke and Christopher Sims answer these questions.

Monetary Policy

Alt-coins

Cecchetti and Schoenholtz on what has become of Bitcoin. Larry White on the new dollar-pegged cryptocurrencies and Bordo and Levin on central bank issued digital currency.

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