2026-01-19
59 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 Richard Berner.
Dick is the former director of the Office of Financial Research from 2013 to 2017 and also was a counselor to the Treasury Secretary.
Dick is also a Wall Street veteran and a former Fed staffer.
He joins us today to discuss the state of global liquidity,
the growth and implications of private credit, Treasury markets, and more.
Dick, welcome to the program.
Thanks for the opportunity.
It's great to have you on.
We have a common friend.
who has been on the show before and introduced us, and that's Steven Kelly.
Right.
And I should give a shout out to Steven.
He now is at the FDIC, so he can't come on the podcast anymore.
But he brings on great suggestions like you, so I'm excited Dick to chat with you.