2025-12-08
53 分钟Welcome to Macro Musings,
where each week we pull back the curtain and take a closer look at the most important macroeconomic issues of the past,
present, and future.
I am your host, David Beckworth,
a senior research fellow with the Mercatus Center at George Mason University,
and I'm glad you decided to join us.
Our guest today is Lawrence Bristo.
Laurie is a former staffer from the Reserve Bank of Australia, or RBA for short,
where he played a key role in the redesign of the RBA's monetary policy implementation system.
Laurie joins us today to discuss the RBA, its new operating system,
the broader push among many central banks toward a demand-driven operating system.
And finally, it's implications for the Fed's operating system here in the United States.
Laurie, welcome to the show.
G'day, David.
It's a pleasure to be here.
It's great to have someone here with an Australian accent.
I think this is the first for us, but also someone who really knows central bank operating systems.
I mean, you were in the You know, the inner sanctum,
you're in the RBA helping redesign its implementation or operating system.
So I'm really excited to talk about that in a bit.