Cato CMFA
@CatoCMFA
@CatoInstitute’s Center for Monetary & Financial Alternatives is a think tank project dedicated to finding alternatives to failed monetary and financial regimes
In Ukraine, the central bank has been developing a CBDC for nearly a decade. Another pilot is expected to roll out this year, but the exact date is still up in the air. cbdctracker.hrf.org/currency/ukrai…
Did you miss the great discussion on start up capital at @CatoCMFA's "Removing Barriers to Capital Formation" forum? Catch up with all of the insights from @gerryhays, @KarenKerrigan, and the @SECGov's Amy Reischauer: cato.org/multimedia/eve…
P.S. Here's a condensed version they wrote for the @CatoInstitute's Fall 2012 Policy Report. cato.org/policy-report/…
If folks want a jump start on examining the entire Federal Reserve as an institution and assessing whether it has been a success, this paper by @GeorgeSelgin, @lawrencehwhite1, and Bill Lastrapes is a great place to start. sciencedirect.com/science/articl…
.@SecScottBessent: "What we need to do is examine the entire Federal Reserve institution and whether they have been successful... All of these Ph.D.s over there, I don't know what they do... This is like Universal Basic Income for academic economists."
Less than two years ago, @SenatorHagerty took to the @CatoInstitute stage to talk with me about crypto. He said: "Innovation at its core is a huge piece of America's competitive advantage, and our contribution to the world. We cannot leave a critical technology like…
"The Bureau of Labor Statistics (BLS) recently released price index data for June. Unfortunately, tariff defenders are drawing incorrect conclusions from this data." cato.org/blog/june-bls-…
Find out why Maxine Waters is wrong (and @EconWithNick is right) about central bank digital currencies (CBDCs), in Episode 53 of @freethe_economy: youtube.com/watch?v=_3FBDE…
Speaking on CBDCs, @RepMaxineWaters says the @GOPMajorityWhip's anti-CBDC legislation must be stopped because "it's time for the US government to take charge" so "we don't have [cryptocurrency] or anything else without the federal government knowing and being in control."
The Financial Crimes Enforcement Network's own data once again fails to justify the Bank Secrecy Act's financial surveillence regime. Its time for congress to step in and restore financial privacy. buff.ly/I6kaQid
Scapegoating the Fed Chair for interest rates won’t fix the economy. buff.ly/lvOTbU9 @NorbertJMichel
Thank you to folks at Fox Business for having me on to help decode what's happening in Congress on the CBDC front. Here's some of what didn't make it to the show. 🧵
The Fed has lost billions of dollars by paying interest to large banks on their reserves. IOR is economically costly, threatens the Fed’s inflation mandate to, and is unfair to everyday Americans. Part 5 of our Reforming the Fed series is out: cato.org/publications/r…
The CFPB Was a Mistake–Even Before It Abused Its Power: cato.org/commentary/cfp… (via @CatoCMFA)
Hot or cold, inflation is the story politi.co/4kP1F8c via @politico @samjsutton
Hot or cold, inflation is the story politi.co/4kP1F8c via @politico @samjsutton
As lots of eyes are on the House for 🇺🇸 crypto week 🇺🇸, turn your ears to this discussion between @norbertjmichel and me about stablecoins, how they should be regulated, and what the future may look like. cato.org/multimedia/cat…
In case you missed this week @CatoCMFA! ----------------------------- Articles: - The CFPB Was a Mistake–Even Before It Abused Its Power - @NorbertJMichel via @Forbes buff.ly/8amWLmh - Reporting FinCEN’s Suspicious Activity, Again - @EconWithNick buff.ly/xN2GsuK…
Online crowdfunding offers a new way for businesses to raise capital, however a few simple edits could help both investors and entrepreneurs. Read @JenniferJSchulp & @ChristianJKruse's latest article here🔽 buff.ly/kZNDEZu
The Fed has lost billions of dollars by paying interest to large banks on their reserves. This policy should be repealed to restore the Fed's pre-2008 system. Read @NorbertJMichel & @JaiKedia's latest "Reform the Fed" briefing paper🔽 buff.ly/FQ4hq67
Crowdfunding has made strides for small businesses, but there are still reforms to be made. Read @jenniferjschulp’s & my latest article on crowdfunding reforms⬇️ cato.org/blog/dash-cash…
FinCEN forced banks to hand over 27.5 million reports on Americans' transactions in 2024...but only started 370 investigations using the data. FinCEN's program is costly and rarely used, Congress should end this abuse of financial privacy. @EconWithNick buff.ly/xN2GsuK
“We need to rewrite our illicit finance laws to protect us against [real threats] while not undermining the ability to use peer-to-peer technology.” - @btcpolicyorg's @zackbshapiro cato.org/blog/bank-secr…