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  <title>BONUS: George Selgin on the Fed Taper and Shrinking the Fed’s Balance Sheet</title>
  <description>George Selgin is a senior fellow and director emeritus of the Center for Monetary and Financial Alternatives at the Cato Institute and is also a long-time returning guest of Macro Musings. In this bonus segment from the previous conversation, George rejoins the podcast to talk about the Fed’s near-term plans to shrink its balance sheet, the impact of the standing repo facility on demand for reserves, the potential benefits of returning to a corridor operating system, and more. &amp;amp;nbsp; &amp;amp;nbsp; Check out Ideas of India: https://www.discoursemagazine.com/tag/ideas-of-india-podcast/  Subscribe to Ideas of India on your favorite podcast app. &amp;amp;nbsp; Transcript for the episode can be found  here. &amp;amp;nbsp; George’s Twitter: @GeorgeSelgin George’s Cato Institute profile: https://www.cato.org/people/george-selgin &amp;amp;nbsp; Related Links: &amp;amp;nbsp; *Floored!* by George Selgin https://www.cato.org/working-paper/floored &amp;amp;nbsp; *The Menace of Fiscal QE* by George Selgin https://www.cato.org/books/menace-fiscal-qe &amp;amp;nbsp; *Churning at the Fed* by Milton Friedman  https://miltonfriedman.hoover.org/internal/media/dispatcher/214260/full &amp;amp;nbsp; David’s Twitter: @DavidBeckworth David’s blog: http://macromarketmusings.blogspot.com/ </description>
  <author_name>Macro Musings with David Beckworth</author_name>
  <author_url>http://macromarketmusings.blogspot.com/</author_url>
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