{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Tyler Muir on How to Understand the Fed\u2019s Quantitative Easing","description":" Tyler Muir is a professor of finance at UCLA. In Tyler\u2019s first appearance on the show, he discusses how he became a leading scholar on quantitative easing, what things the Fed can learn in responding to crises, why QE matters, how QE transformed the bond market, the new \u201cTyler Rule\u201d, QE\u2019s role in the COVID Pandemic, and much more. Check out the&amp;nbsp;transcript&amp;nbsp;for this week\u2019s episode, now with links. Recorded on January 8th, 2025 Subscribe to David's Substack:&amp;nbsp;Macroeconomic Policy Nexus Follow David Beckworth on X:&amp;nbsp;@DavidBeckworth Follow Tyler Muir on X: @TylerMuir Follow the show on X: @Macro_Musings Check out our Macro Musings&amp;nbsp;merch! Subscribe&amp;nbsp;to David's new BTS YouTube Channel&amp;nbsp; Timestamps 00:00:00 - Intro 00:01:33 - Tyler\u2019s Background 00:08:36 - Financial Crisis and Risk Premium 00:14:40 - Intermediaries and Asset Prices 00:22:18 - QE and Why It Matters 00:28:40 - QE and the Bond Market 00:32:38 - The Tyler Rule 00:37:51 - When Selling Goes Viral 00:41:01 - QE During COVID 00:49:26 - Shrinking the Fed\u2019s Balance Sheet 00:55:03 - Outro ","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\/39853570\/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\/197813725"}