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Money2069
David Beckworth

David Beckworth

EconomistModern

David Beckworth directs the monetary policy program at the Mercatus Center and hosts Macro Musings, a weekly podcast on monetary economics running since 2016. He is the leading public advocate of nominal GDP level targeting, a rule that holds the central bank to a stable path of total spending instead of year-by-year discretion. He wrote Boom and Bust Banking and served as an economist at the US Treasury.

Key Ideas
nominal GDP level targetingrules-based monetary policysafe asset shortagedollar dominance
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