David Andolfatto is a vice president for the St. Louis Federal Reserve Bank and has published widely in the field of monetary economics. David also blogs at MacroMania and is a returning guest to the podcast. He rejoins Macro Musings to talk about his thoughts on macro theory, plumbing issues, central bank digital currency, and more. Transcript for the episode can be found here. David's Twitter: @dandolfa David's St. Louis Fed profile: https://www.stlouisfed.org/about-us/leadership-governance/bank-officers/executive-bios/david-andolfatto Related Links: *Some Thoughts on Central Bank Digital Currency* by David Andolfatto https://www.cato.org/cato-journal/spring/summer-2021/some-thoughts-central-bank-digital-currency *Minutes of the Federal Open Market Committee: April 27-28, 2021* by the Fed https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20210428.pdf David's blog: macromarketmusings.blogspot.com David's Twitter: @DavidBeckworth

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“What did the council decide on item 42?” — answered with the speaker and the moment.