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Monetary Forces with Noelle Acheson & Izabella Kaminska

Tech fumbles and the "moneyness" of stablecoins
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I hope you’ll all forgive my tech mess-up in this livestream – I stupidly assumed Izabella Kaminska’s audio wasn’t working, when it turns out my mic/earbuds were the problem. You’d think that by now I’d have a better grasp of this. Apologies to all, and I promise to make different mistakes next time.

That aside, it was fun to chat with Izabella, as always – we covered other-currency stablecoins, FX swaps, skinny master accounts at the Federal Reserve, and the “moneyness” of stablecoins, based on an excellent paper by Yesha Yadav, Chris Odinet and Andrea Tosato.

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