Brad Setser is a senior fellow for international economics at the Council on Foreign Relations, where he works on macroeconomics, global capital flows, and financial crisis issues. Brad has previously served as the deputy assistant secretary at the U.S. Treasury, working on Europe's financial crisis, currency policy, financial sanctions, commodity shocks, and Puerto Rico's debt crisis, and was the director for international economics on the staff of the National Economic Council and the National Security Council. As a returning guest to the show, Brad joins Macro Musings once again to discuss dollars swap lines and other solutions to the global dollar shortage, the recent implications of COVID-19 on global trade imbalances, and how China should respond to the effects of this crisis.

Transcript for the episode can be found here.

Brad's Twitter: @Brad_Setser

Brad's CFR profile: https://www.cfr.org/expert/brad-w-setser

Related Links:

Bonus segment with Brad Setser:

https://youtu.be/YsdynQgWHFg

*Addressing the Global Dollar Shortage: More Swap Lines? A New Repo Facility for Central Banks? More IMF Lending?* by Brad Setser

https://www.cfr.org/blog/addressing-global-dollar-shortage-more-swap-lines-new-fed-repo-facility-central-banks-more-imf

*Why the Dollar Crunch is (mostly) a Rich World Problem* by Claire Jones

https://ftalphaville.ft.com/2020/03/24/1585041854000/Why-the-dollar-crunch-is--mostly--a-rich-world-problem/

David's blog: macromarketmusings.blogspot.com David's Twitter: @DavidBeckworth