Alex speaks with Dan Smith about the lack of accountability in the contemporary world of monetary policy and why greater discretion may not be the answer.

References

1. “Money and the Rule of Law: Generality and Predictability in Monetary Institutions” by Peter Boettke, Alexander Salter, and Daniel Smith

Link: https://www.amazon.ca/Money-Rule-Law-Predictability-Institutions/dp/1108479847 

2. “Who Is Ben Bernake? Why Is He Important?” by Julia Kagan

Link: https://www.investopedia.com/terms/b/benbernanke.asp 

3. “Federal Reserve Independence” by Peter Boettke and Daniel Smith

Link: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2135232 

4. “An Episodic History of Modern Fed Independence” by Daniel Smith and Peter Boettke

Link: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2135233 

5. “Everything You Need to Know About the Federal Reserve Scandal” by Better Markets

Link: https://bettermarkets.org/newsroom/everything-you-need-to-know-about-the-federal-reserve-trading-scandal-exposing-pandemic-profiteering-at-americans-central-bank-leadership-failures-cover-up/ 

6. “Sweep Accounts Definition: Types and How They Work” by Investopedia

Link: https://www.investopedia.com/terms/s/sweepaccount.asp 

7. “What LawMicro Has to Teach LawMacro: An Exploration of the Rule of Law and Monetary Policy” by Peter Boettke, Alexander Salter, and Daniel Smith

Link: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4721380