{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"George Selgin on the Future of CBDC, Fed Accounts, and Stablecoins","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. He rejoins the podcast to talk about central bank digital currency, stablecoins, and the future of the Fed\u2019s balance sheet and operating system. Specifically, David and George also discuss the challenges presented by CBDC and Fed accounts, how they could create financial instability, George\u2019s proposal for wholesale CBDC, and more. &amp;nbsp; Check out Conversations with Tyler: https:\/\/conversationswithtyler.com, and subscribe to Conversations with Tyler on your favorite podcast app. &amp;nbsp; Transcript for the episode can be found  here. &amp;nbsp; George\u2019s Twitter: @GeorgeSelgin George\u2019s Cato Institute profile: https:\/\/www.cato.org\/people\/george-selgin &amp;nbsp; Related Links: &amp;nbsp; *Central Bank Digital Currency as a Potential Source of Financial Instability* by George Selgin  https:\/\/www.cato.org\/cato-journal\/spring\/summer-2021\/central-bank-digital-currency-potential-source-financial-instability#old-fashioned-bank-runs &amp;nbsp; *Money and Payments: The U.S. Dollar in the Age of Digital Transformation* by the Federal Reserve Board of Governors  https:\/\/www.federalreserve.gov\/publications\/files\/money-and-payments-20220120.pdf &amp;nbsp; *George Selgin on the Past, Present, and Future of a Real-Time Payments System*  https:\/\/www.mercatus.org\/bridge\/podcasts\/11112019\/george-selgin-past-present-and-future-real-time-payments-system &amp;nbsp; David\u2019s Twitter: @DavidBeckworth David\u2019s blog: http:\/\/macromarketmusings.blogspot.com\/ ","author_name":"Macro Musings with David Beckworth","author_url":"http:\/\/macromarketmusings.blogspot.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/21865250\/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>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/57141323"}