Jeffrey Lacker is the former president of the Richmond Federal Reserve Bank and is a senior affiliated scholar at the Mercatus Center. Jeff returns to the show to discuss the history of the Fed Treasury Accord, the state of fiscal dominance, his five proposals for a new Fed Treasury Accord, his calls for reform around the discount window, a memorial to his friend and colleague Charlie Plosser, and much more.

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Check out the transcript for this week's episode, now with links.

Recorded on May 20th, 2026

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Timestamps

00:00:00 - Intro

00:00:56 - Fed Treasury Accord

00:18:26 - Fiscal Dominance

00:22:05 - Jeff's Five Proposals

00:49:05 - Charlie Plosser

00:55:49 - Outro

Nik Bhatia is an author of two economics books, a visiting fellow at the Bitcoin Policy Institute and the founder of The Bitcoin Layer. In Nik's first appearance on the podcast, he discusses his niche in the Bitcoin community, the role of Bitcoin as a transaction asset, the threat or lack thereof of quantum computing on Bitcoin, his issues with the current eurodollar market, his new proposal to use stablecoins as statecraft, and much more.

Watch the full length video on our new YouTube Channel!

Check out the transcript for this week's episode, now with links.

Recorded on May 5th, 2026

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Follow David on X: @DavidBeckworth

Follow Nik X: @Timevalueofbtc

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Timestamps

00:00:00 - Intro

00:01:49 - Nik's Career and Background

00:12:32 - Crypto Assets for Transactions

00:18:28 - Quantum Computing and Bitcoin

00:24:08 - Stablecoins as Statecraft

00:58:36 - Outro

Bryan Cutsinger is an assistant professor of economics at the College of Business at Florida Atlantic University. Peter Ireland is a professor of Economics at Boston College. Will Luther is an associate professor of economics at the College of Business at Florida Atlantic University and is the director of the American Institute for Economic Research's Sound Money Project. Bryan, Peter, and Will return to the show to discuss the big takeaways from the 2025 Fed framework review, the flip flopping of FIT to FAIT back to FIT, the biggest lessons from the 2020 Fed framework review, the case for NGDP targeting at the Fed, hope for future reviews, and much more.

Watch the full length video on our new YouTube Channel!

Check out the transcript for this week's episode, now with links.

Recorded on May 6th, 2026

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Follow David on X: @DavidBeckworth

Follow Bryan X: @BryanPCutsinger

Follow Peter X: @PIrelandecon

Follow Will X: @WilliamJLuther

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Timestamps

00:00:00 - Intro

00:00:51 - Origins of Bryan, Will, and Peter's Paper

00:03:40 - Big Takeaways

00:06:14 - The Fed's 2020 Framework Review

00:12:43 - Lessons Learned from 2020 Review

00:14:38 - Nominal GDP Targeting and Productivity Shocks

00:26:59 - Reviewing the Fed's 2025 Framework Review

00:57:20 - Hopes for the Future

01:03:06 - Outro