2026-09-14
50 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 Nellie Lang.
Nellie is a former Treasury and Federal Reserve official,
and she joins us today to discuss the future of stablecoins after genius,
what it means for private money, for public debt, and the future of the global dollar.
Nellie, welcome to the podcast.
Well, thank you, David, for having me.
It's great to have you on.
This is long overdue.
I've been following your work for some time.
I've had some of your colleagues from Brookings.
I've had some of your former Treasury colleagues as well.
On the show.
So it's great to get you on here.
And you've done a lot of interesting work on treasury markets in the past,
as well as what we're going to talk about today, which is stable coins.
You have a new paper titled stable coins after genius, private money, public debt, and a global dollar.