1 rich Libsyn https://www.libsyn.com 90 600 Peter Stella is a former IMF official, where he led the Central Banking and Monetary and Foreign Exchange divisions, and he now hosts a webpage titled *Central Bank Archeology*. Peter is also a former guest of Macro Musings, and rejoins to talk about the COVID-19 crisis, central bank balance sheets, and more. David and Peter also discuss the dangers and challenges of the Fed’s off-balance sheet transactions, how the government should approach crisis financing, and who should be managing the country’s public debt. &amp;nbsp; The transcript for the episode can be found here. &amp;nbsp; Peter’s Twitter: @Stellar_Consult Peter’s Voxeu profile:&amp;nbsp;https://voxeu.org/users/peterstella0 Peter’s Research Gate archive:&amp;nbsp;https://www.researchgate.net/profile/Peter_Stella &amp;nbsp; Related Links: &amp;nbsp; Peter's *Central Bank Archaeology* website: https://www.centralbankarchaeology.com/ &amp;nbsp; *Macro Musings: Peter Stella on Debt, Safe Assets, and Central Bank Operations* https://macromusings.libsyn.com/144-peter-stella-on-debt-safe-assets-and-central-bank-operations &amp;nbsp; David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth Macro Musings with David Beckworth http://macromarketmusings.blogspot.com/ <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/14734508/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/75537590