# - federal reserve (audio feeds) — RSS Amplifier Recent posts from the 5 feeds in the RSS Amplifier directory that cover - federal reserve. Page: Feed: --- ## [Moving Iron: How Low-Hour Tractors Are Driving Record Auction Prices](https://omny.fm/shows/moving-iron-podcast/moving-iron-how-low-hour-tractors-are-driving-record-auction-prices) _2026-08-20 · Moving Iron Podcast_ In this episode of Moving Iron, Casey Seymour is joined by Machinery Pete to break down the eye-opening auction results shaping today's ag equipment market. From a low-hour John Deere 4840 bringing a record-setting $86,000 to a 4440 already bidding above previous highs, the conversation explores why older, simpler machines are commanding premium prices.The discussion goes beyond headline numbers… [Listen](https://traffic.omny.fm/d/clips/1d004633-2e9e-47f1-9b89-a754011a2aa9/f7593bb4-78e6-4963-8653-b281011a826e/15a94674-b234-4b25-9be4-b4ab01679787/audio.mp3?utm_source=Podcast&in_playlist=687dbd93-d63a-4f4b-a75d-b281011a8285) ## [Bill Nelson on Shrinking the Fed's Balance Sheet and Reviving Interbank Markets](https://macromusings.libsyn.com/bill-nelson-on-shrinking-the-feds-balance-sheet-and-reviving-interbank-markets) _2026-08-17 · Macro Musings with David Beckworth_ Bill Nelson is chief research officer and chief economist at the Bank Policy Institute and a former deputy director of the Division of Monetary Affairs at the Federal Reserve Board. In Bill's 11th appearance on the show, he discusses how central banks are rethinking their operating systems, the case for a smaller Fed balance sheet and more routine discount window borrowing, the revival of… [Listen](https://traffic.libsyn.com/secure/macromusings/MM-556-BillNelson-Podcast-auphonic.mp3?dest-id=865793) ## [Moving Iron: August Auction Market Heats Up as Pre-Harvest Demand Stays Strong](https://omny.fm/shows/moving-iron-podcast/august-auction-market-heats-up-as-pre-harvest-demand-stays-strong) _2026-08-13 · Moving Iron Podcast_ In this episode of Moving Iron, Casey Seymour sits down with Machinery Pete to break down what's driving the auction market as August rolls in and harvest season approaches. From record-setting prices on late-model combines to strong bids on well-kept tractors, trucks, and farm equipment, the conversation shows how condition and timing are shaping today's used machinery market. Casey and Greg also… [Listen](https://traffic.omny.fm/d/clips/1d004633-2e9e-47f1-9b89-a754011a2aa9/f7593bb4-78e6-4963-8653-b281011a826e/008acf3a-7f01-42a9-9439-b4a4016f271e/audio.mp3?utm_source=Podcast&in_playlist=687dbd93-d63a-4f4b-a75d-b281011a8285) ## [Gianluca Benigno on Central Bank Balance Sheets, Stablecoins, and Nonlinear Inflation](https://macromusings.libsyn.com/gianluca-benigno-on-central-bank-balance-sheets-stablecoins-and-nonlinear-inflation) _2026-08-10 · Macro Musings with David Beckworth_ Gianluca Benigno is a professor of economics at the University of Lausanne. Previously, he was a senior economist at the Federal Reserve Bank of New York and an economist at the Bank of England. Gianluca returns to the program to discuss financial r-star, the changing landscape of central bank balance sheets, the unique challenges facing the Swiss National Bank, how stablecoins could affect… [Listen](https://traffic.libsyn.com/secure/macromusings/MM-555-GianlucaBenigno-Podcast-auphonic.mp3?dest-id=865793) ## [The Supplement: Arthur Burns tells Los Angeles that his instruments cannot reach this inflation, and names the ones that should stand beside them](https://causalityineconomics.com/blog/the-supplement) _2026-08-09 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ On December 7, 1970, Federal Reserve Chairman Arthur F. Burns told a Pepperdine College audience in Los Angeles that monetary and fiscal policy could not reach a cost-driven inflation, and asked... [Listen](https://causalityineconomics.com/static/audio/the-supplement.mp3) ## [Moving Iron: Navigating the Summer Equipment Auction Landscape](https://omny.fm/shows/moving-iron-podcast/moving-iron-navigating-the-summer-equipment-auction-landscape) _2026-08-06 · Moving Iron Podcast_ In this episode of the Moving Iron Podcast , Casey Seymour and Greg "Machinery Pete" Peterson break down what's happening in today's equipment auction market. They discuss standout auction sales, how equipment values are shifting, and why economic uncertainty is changing the way farmers are buying and selling machinery. The conversation also looks at the growing trend of producers holding onto… [Listen](https://traffic.omny.fm/d/clips/1d004633-2e9e-47f1-9b89-a754011a2aa9/f7593bb4-78e6-4963-8653-b281011a826e/0c0afaab-bc1e-4ef3-855b-b49e00dd71f5/audio.mp3?utm_source=Podcast&in_playlist=687dbd93-d63a-4f4b-a75d-b281011a8285) ## [Barry Eichengreen, Paul Blustein, and Brendan Greeley on Dollar Dominance](https://macromusings.libsyn.com/barry-eichengreen-paul-blustein-and-brendan-greeley-on-dollar-dominance) _2026-08-03 · Macro Musings with David Beckworth_ Barry Eichengreen is a is well known author, economist, and economic historian from the University of California, Berkeley. Paul Blustein is a former Washington Post and Wall Street Journal journalist who has authored several acclaimed books on global economic institutions. Brendan Greeley is a veteran journalist from the Financial Times and current PhD student at Princeton studying monetary… [Listen](https://traffic.libsyn.com/secure/macromusings/MM-554-PaulBrendanBarry-Audio-Final.mp3?dest-id=865793) ## [Moving Iron: The Market Is Speaking Through Auction Prices](https://omny.fm/shows/moving-iron-podcast/moving-iron-the-market-is-speaking-through-auction-prices) _2026-07-30 · Moving Iron Podcast_ In this episode, Machinery Pete and Casey Seymour analyze current trends in agricultural equipment markets, focusing on used equipment prices, supply and demand dynamics, and the impact of commodity prices on equipment sales. They discuss how market conditions are shifting and what farmers and dealers should watch for in the coming months. Save your seat at the Moving Iron Summit, by dealers for… [Listen](https://traffic.omny.fm/d/clips/1d004633-2e9e-47f1-9b89-a754011a2aa9/f7593bb4-78e6-4963-8653-b281011a826e/1539889a-f690-4ca5-b58f-b4970107e485/audio.mp3?utm_source=Podcast&in_playlist=687dbd93-d63a-4f4b-a75d-b281011a8285) ## [David Wessel on the Fed's Current Inflection Point](https://macromusings.libsyn.com/david-wessel-on-the-feds-current-inflection-point) _2026-07-27 · Macro Musings with David Beckworth_ David Wessel is a senior fellow in economic studies at Brookings and is the director of the Hutchins Center on Fiscal and Monetary Policy. In David's first appearance on the show, he discusses stories of the Greenspan Fed, what is was like in Europe when the euro was adopted, the legacy of the Powell Fed, his thoughts on the great man theory, the outlook for the Kevin Warsh Fed, the ongoing… [Listen](https://traffic.libsyn.com/secure/macromusings/MM-553-DavidWessel-Podcast-Final.mp3?dest-id=865793) ## [Moving Iron: The Impact of Commodity Prices on Equipment Values](https://omny.fm/shows/moving-iron-podcast/moving-iron-the-impact-of-commodity-prices-on-equipment-values) _2026-07-23 · Moving Iron Podcast_ In this episode, Machinery Pete and Casey Seymour discuss the current state of agricultural equipment markets, auction prices, and the impact of economic factors like commodity prices and farm help shortages. They analyze recent auction data, market trends, and future outlooks for equipment values. Save your seat at the Moving Iron Summit, by dealers for dealers, Sept 23-25 in Louisville:… [Listen](https://traffic.omny.fm/d/clips/1d004633-2e9e-47f1-9b89-a754011a2aa9/f7593bb4-78e6-4963-8653-b281011a826e/370823a0-73e4-4809-89a8-b49001332783/audio.mp3?utm_source=Podcast&in_playlist=687dbd93-d63a-4f4b-a75d-b281011a8285) ## [Transcript-Driven Stock Discovery (Sponsored)](https://crawlproof.com/a/Q1OhIzJnohDC) _2026-07-23 · **Sponsored**_ Ranked, evidence-backed watchlists from indexed executive transcripts for 1–2 quarter horizons ## [Sam Lyman on the Digital Payments Race Between the US and China](https://macromusings.libsyn.com/sam-lyman-on-the-digital-payments-race-between-the-us-and-china) _2026-07-20 · Macro Musings with David Beckworth_ Sam Lyman is the head of research at the Bitcoin Policy Institute and formerly was a senior advisor and speechwriter for Treasury Secretary Bessent. In Sam's first appearance on the show, he discusses Secretary Bessent's secret skill, the competition in the digital payments space between the US and China, why the strategic Bitcoin reserve is important, what the future of Bitcoin holds, where… [Listen](https://traffic.libsyn.com/secure/macromusings/MM-552-SamLyman-Audio-Final.mp3?dest-id=865793) ## [Moving Iron: How In-Person Auctions Drive Community and Value](https://omny.fm/shows/moving-iron-podcast/moving-iron-how-in-person-auctions-drive-community-and-value) _2026-07-16 · Moving Iron Podcast_ In this episode, Machinery Pete shares insights from recent vintage tractor auctions, the importance of in-person auctions, and the emotional stories behind farm equipment sales. We explore market trends, bidding strategies, and the community spirit that makes farm auctions unique. Sean Hackett of Hackett Financial Advisors, Inc shares insights on global weather patterns, commodity markets, and… [Listen](https://traffic.omny.fm/d/clips/1d004633-2e9e-47f1-9b89-a754011a2aa9/f7593bb4-78e6-4963-8653-b281011a826e/02e10a4a-b54a-405f-9671-b48900f208b7/audio.mp3?utm_source=Podcast&in_playlist=687dbd93-d63a-4f4b-a75d-b281011a8285) ## [Stephan Luck on What History can Teach Us about Financial Stability](https://macromusings.libsyn.com/stephan-luck-on-what-history-can-teach-us-about-financial-stability) _2026-07-13 · Macro Musings with David Beckworth_ Stephan Luck is a Financial Research Advisor at the Federal Reserve Bank of New York. In Stephan's first appearance on the show, he discusses how the 2008 Great Financial Crisis shaped his career, how he and his coauthors leverage LLMs to comb through massive amounts of historical data, what this data can teach us about responding to bank failures, what people get wrong when they try and make… [Listen](https://traffic.libsyn.com/secure/macromusings/MM-551-StephanLuck-Audio-Final.mp3?dest-id=865793) ## [View From the EDGE® July 2026: The Importance of Diversification](https://3edgeam.com/view-from-the-edge-july-2026/) _2026-07-11 · View from the EDGE_ In this month’s 3EDGE View From the EDGE®, Fritz Folts, Chief Investment Strategist, and Eric Biegeleisen, Head of Research and Deputy CIO, provide our latest outlook for global capital markets in light of the ongoing rally in equities. Subscribe The post View From the EDGE® July 2026: The Importance of Diversification appeared first on 3EDGE Asset Management . [Listen](https://3edgemarketingcollateral.s3.us-east-1.amazonaws.com/VFE/VFE_07_2026.mp3) ## [The Slate: The Inference traced a rate cut timed for December, waiting on a supply-side finding the new task forces were to certify by year-end. On July 9 the Federal Reserve named the people who will certify it. Read against what each has spent a decade concluding, the roster is the finding.](https://causalityineconomics.com/blog/the-slate) _2026-07-10 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ Warsh named fifteen independent experts to examine whether the Fed's methods can be improved. Each panel pairs a directional coalition with a credible counterweight: the coalition sets the direction, the counterweight sets the boundary — and the opponents he chose are what make the result credible. [Listen](https://causalityineconomics.com/static/audio/the-slate.mp3) ## [Moving Iron: How Used Machinery Prices Are Defying Expectations in 2026](https://omny.fm/shows/moving-iron-podcast/moving-iron-how-used-machinery-prices-are-defying-expectations-in-2026) _2026-07-09 · Moving Iron Podcast_ In this episode, Greg Machiner Pete and Casey Seymour analyze recent auction trends, the impact of market conditions on equipment prices, and what to expect in the agricultural and construction equipment markets moving forward. Save your seat at the Moving Iron Summit, by dealers for dealers, Sept 23-25 in Louisville: https://bit.ly/4uG5lhf See omnystudio.com/listener for privacy information. [Listen](https://traffic.omny.fm/d/clips/1d004633-2e9e-47f1-9b89-a754011a2aa9/f7593bb4-78e6-4963-8653-b281011a826e/290f3ca1-3a95-418a-aa37-b48200e61480/audio.mp3?utm_source=Podcast&in_playlist=687dbd93-d63a-4f4b-a75d-b281011a8285) ## [Barry Eichengreen on the History of Global Currencies](https://macromusings.libsyn.com/barry-eichengreen-on-the-history-of-global-currencies) _2026-07-06 · Macro Musings with David Beckworth_ Barry Eichengreen is a well known author, economist, and economic historian from the University of California, Berkeley. In Barry's first appearance on the show he discusses a career in untangling the world's monetary history, the origins of his new book Money Beyond Borders: Global Currencies from Croesus to Crypto , the first uses on currencies in the 7 th Century BC, the unexpected start of the… [Listen](https://traffic.libsyn.com/secure/macromusings/MM-550-BarryEichengreen-Audio-Final.mp3?dest-id=865793) ## [Moving Iron: Used Equipment Prices Surge as Market Momentum Builds](https://omny.fm/shows/moving-iron-podcast/moving-iron-used-equipment-prices-surge-as-market-momentum-builds) _2026-07-02 · Moving Iron Podcast_ In this episode, Greg Machinery Pete Peterson shares insights from recent equipment auctions, market trends, and the impact of supply and demand on used machinery prices. Casey Seymour hosts a detailed discussion on current market conditions, auction highlights, and future outlooks for farmers and dealers. Save your seat at the Moving Iron Summit, by dealers for dealers, Sept 23-25 in Louisville:… [Listen](https://traffic.omny.fm/d/clips/1d004633-2e9e-47f1-9b89-a754011a2aa9/f7593bb4-78e6-4963-8653-b281011a826e/34569dee-d1c2-45a9-81c2-b47b00e48375/audio.mp3?utm_source=Podcast&in_playlist=687dbd93-d63a-4f4b-a75d-b281011a8285) ## [Yesha Yadav, Chris Odinet, and Andrea Tosato on the Moneyness of Stablecoins](https://macromusings.libsyn.com/yesha-yadav-chris-odinet-and-andrea-tosato-on-the-moneyness-of-stablecoins) _2026-06-29 · Macro Musings with David Beckworth_ Yesha Yadav is a professor of law, the Milton R. Underwood Chair, the Associate Dean & Robert Belton Director of Culture & Community, and the Co-Faculty Director, Master of Laws (LL.M) Program at the Vanderbilt University Law School. Chris Odinet is a professor of law, Mosbacher Research Fellow, and Affiliate Professor of Finance at Texas A&M University School of Law. Andrea Tosato is professor of… [Listen](https://traffic.libsyn.com/secure/macromusings/MM-549-YeshaChrisAndrea-AudioFinal.mp3?dest-id=865793) ## [Moving Iron: How Supply and Demand Are Shaping Equipment Prices in 2026](https://omny.fm/shows/moving-iron-podcast/moving-iron-how-supply-and-demand-are-shaping-equipment-prices-in-2026) _2026-06-25 · Moving Iron Podcast_ In this episode, Greg Machinery Pete Peterson shares insights from recent equipment auctions, market trends, and the impact of supply and demand on used machinery prices. Casey Seymour hosts a detailed discussion on current market conditions, auction highlights, and future outlooks for farmers and dealers. Save your seat at the Moving Iron Summit, by dealers for dealers, Sept 23-25 in Louisville:… [Listen](https://traffic.omny.fm/d/clips/1d004633-2e9e-47f1-9b89-a754011a2aa9/f7593bb4-78e6-4963-8653-b281011a826e/f6ab4f99-ae92-4985-80cb-b473017072bd/audio.mp3?utm_source=Podcast&in_playlist=687dbd93-d63a-4f4b-a75d-b281011a8285) ## [8.1% APY Plus Free Stock (Sponsored)](https://crawlproof.com/a/LSmWsF4EEman) _2026-06-25 · **Sponsored**_ Claim 8.1% APY and up to $1,030 in SK hynix and Nvidia stock. ## [Jeffrey Lacker on What a New Fed Treasury Accord Might Look Like](https://macromusings.libsyn.com/jeffery-lacker-on-what-a-new-fed-treasury-accord-might-look-like) _2026-06-22 · Macro Musings with David Beckworth_ Jeffrey Lacker is the former president of the Richmond Federal Reserve Bank and is a senior affiliated scholar at the Mercatus Center. Jeff returns to the show to discuss the history of the Fed Treasury Accord, the state of fiscal dominance, his five proposals for a new Fed Treasury Accord, his calls for reform around the discount window, a memorial to his friend and colleague Charlie Plosser, and… [Listen](https://traffic.libsyn.com/secure/macromusings/MM-548-JeffLacker-Audio-Final.mp3?dest-id=865793) ## [Moving Iron: How Weather and Market Cycles Shape Farming Equipment Trends](https://omny.fm/shows/moving-iron-podcast/moving-iron-how-weather-and-market-cycles-shape-farming-equipment-trends) _2026-06-18 · Moving Iron Podcast_ In this episode, Casey Seymour and Aaron Fintel discuss the current state of agricultural equipment markets, the impact of weather on crop yields, and the shifting dynamics of machinery pricing and usage. They explore how these factors influence buying habits, equipment trade cycles, and market health. See omnystudio.com/listener for privacy information. [Listen](https://traffic.omny.fm/d/clips/1d004633-2e9e-47f1-9b89-a754011a2aa9/f7593bb4-78e6-4963-8653-b281011a826e/6e1c3e97-f7d8-4ef0-af55-b46d00f29bf0/audio.mp3?utm_source=Podcast&in_playlist=687dbd93-d63a-4f4b-a75d-b281011a8285) ## [The Inference: The first meeting under the new chair installed the framework the series predicted — and set the schedule that delivers the cut.](https://causalityineconomics.com/blog/the-inference) _2026-06-18 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ Kevin Warsh's first FOMC meeting installed the framework the series predicted, on a schedule that points to a December cut — licensed by a productivity payoff the Fed cannot yet measure... [Listen](https://causalityineconomics.com/static/audio/the-inference.mp3) ## [Nik Bhatia on Bitcoin and the Case for Using Stablecoins for Statecraft](https://macromusings.libsyn.com/nik-bhatia-on-bitcoin-and-the-case-for-using-stablecoins-for-statecraft) _2026-06-15 · Macro Musings with David Beckworth_ Nik Bhatia is an author of two economics books, a visiting fellow at the Bitcoin Policy Institute and the founder of The Bitcoin Layer. In Nik's first appearance on the podcast, he discusses his niche in the Bitcoin community, the role of Bitcoin as a transaction asset, the threat or lack thereof of quantum computing on Bitcoin, his issues with the current eurodollar market, his new proposal to… [Listen](https://traffic.libsyn.com/secure/macromusings/MM-547-NikBhatia-Audio-Final.mp3?dest-id=865793) ## [Moving Iron: Auction Trends, Iron Values & the Road to Autonomy](https://omny.fm/shows/moving-iron-podcast/moving-iron-auction-trends-iron-values-the-road-to-autonomy) _2026-06-11 · Moving Iron Podcast_ Casey Seymour Greg Peterson discuss current trends in agricultural equipment markets, focusing on auction prices, equipment condition, and the impact of technological advancements like autonomy. They analyze recent auction data, market conditions, and future industry shifts, providing valuable insights for farmers, dealers, and industry enthusiasts. See omnystudio.com/listener for privacy… [Listen](https://traffic.omny.fm/d/clips/1d004633-2e9e-47f1-9b89-a754011a2aa9/f7593bb4-78e6-4963-8653-b281011a826e/ab352488-1bd6-4325-b090-b46600f143cb/audio.mp3?utm_source=Podcast&in_playlist=687dbd93-d63a-4f4b-a75d-b281011a8285) ## [View From the EDGE® June 2026: AI Drives Markets Higher… For Now?](https://3edgeam.com/view-from-the-edge-june-2026/) _2026-06-06 · View from the EDGE_ 3EDGE Chief Investment Strategist Fritz Folts and Deputy CIO Eric Biegeleisen, CFA, discuss our latest market research in the June "​View From the EDGE: AI Drives Markets Higher... For Now?"​ This conversation comes amidst a backdrop of ongoing geopolitical uncertainty, shifting rate expectations, and growing pressure on richly valued AI-related stocks. [Listen](https://3edgemarketingcollateral.s3.us-east-1.amazonaws.com/VFE/VFE_06_2026.mp3) ## [The Game: The program has been announced. The implementation has begun. The chair does not need to win a majority for a standalone cut on the merits of incoming inflation data, because he has changed what the committee will be voting on.](https://causalityineconomics.com/blog/the-game) _2026-05-22 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ Kevin Warsh's confirmation testimony committed the next Federal Reserve chairmanship to a coordinated balance-sheet and rate-cut program. He was sworn in and elected FOMC chair on May 22. The Coordination documented the architecture; The Analogue documented the look-through framework now being applied. The Game reads the opening moves. [Listen](https://causalityineconomics.com/static/audio/the-game.mp3) ## [Dr. Donald Boudreaux](https://ecomn.libsyn.com/dr-donald-boudreaux) _2026-05-18 · Economic Club of Minnesota_ George Mason University economist Don Boudreaux took the stage at the Economic Club of Minnesota on May 11, 2026, as a myth-buster with a simple but powerful challenge: compared to what? In his presentation on Trump's second-term tariffs, Boudreaux cut through the political noise by stacking 2025's economic performance against hard benchmarks, including 2024 and Trump's own first term in 2017. The… [Listen](https://traffic.libsyn.com/secure/ecomn/EcoMN_Dr._Donald_Boudreaux_Program_Mix.mp3?dest-id=61803) ## [View From the EDGE® May 2026: The Rally in Equities Continues](https://3edgeam.com/view-from-the-edge-may-2026/) _2026-05-09 · View from the EDGE_ In this month’s 3EDGE View From the EDGE: The Rally in Equities Continues , Fritz Folts, Chief Investment Strategist, and Eric Biegeleisen, Head of Research and Deputy CIO, provide our latest outlook for global capital markets in light of the ongoing war in Iran. Subscribe The post View From the EDGE® May 2026: The Rally in Equities Continues appeared first on 3EDGE Asset Management . [Listen](https://3edgemarketingcollateral.s3.us-east-1.amazonaws.com/VFE/VFE_05_2026.mp3) ## [The Analogue: Why the doctrine that has held since 2008 was built for the cases where oil rose and fell.](https://causalityineconomics.com/blog/the-analogue) _2026-05-02 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ The Federal Reserve's look-through doctrine works when energy shocks mean-revert. The 1973–74 OPEC episode is the case where it didn't, and the modern record shows the framework cannot tell, in real time, which kind of shock it is operating on. The Iran war presents four channels — chokepoint tolls, alliance fracture, reserve diversification, fiscal commitment — on which the price is unlikely to… [Listen](https://causalityineconomics.com/static/audio/the-analogue.mp3) ## [Earn crypto for idle GPUs (Sponsored)](https://crawlproof.com/a/5SvjqK2wqt8i) _2026-05-01 · **Sponsored**_ Run one CLI, host Qwen/Llama/Mistral, and earn BTC, ETH, SOL, or USDC ## [The Dollar: The fifth pillar the doctrine does not name is the institution's most documented operational commitment.](https://causalityineconomics.com/blog/the-dollar) _2026-04-26 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ The fifth pillar the doctrine does not name is the institution's most documented operational commitment. Swap lines, the Exchange Stabilization Fund, FIMA repo facilities, dollar hegemony as enforcement mechanism — all named in the archive, none named in the doctrine. [Listen](https://causalityineconomics.com/static/audio/the-dollar.mp3) ## [The Test: The roadmap maps four pillars and depends on five. The fifth is the one the doctrine does not name.](https://causalityineconomics.com/blog/the-test) _2026-04-25 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ The roadmap maps four pillars and depends on five. The fifth — the one the doctrine does not name — is the operational commitment the Federal Reserve has documented most thoroughly and discussed most reluctantly. Until the fifth is named, the four are aspirational. [Listen](https://causalityineconomics.com/static/audio/the-test.mp3) ## [The Coordination: The axis authorizes four instruments. The balance sheet requires a fifth. The seat that holds the fifth is not in the axis.](https://causalityineconomics.com/blog/the-coordination) _2026-04-24 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ Warsh has committed the next chairmanship under oath to a couple trillion dollars over time in concert with the Treasury Secretary. The balance sheet requires a fifth instrument the four-pillar doctrine does not name. The seat that holds it is not in the axis, and the reform it depends on has been attempted five times and failed. [Listen](https://causalityineconomics.com/static/audio/the-coordination.mp3) ## [The Axis: Three actors, one architecture, and the coordination register that debuted within twenty-four hours of the hearing](https://causalityineconomics.com/blog/the-axis) _2026-04-23 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ The doctrine Kevin Warsh carried into his confirmation hearing is not his alone. It is shared with Treasury Secretary Scott Bessent and hedge-fund principal Stanley Druckenmiller — across fourteen months of public record, in complementary registers, with a coordination register that debuted operationally within twenty-four hours of the hearing. [Listen](https://causalityineconomics.com/static/audio/the-axis.mp3) ## [The Pillars: A restorationist program, its architecture, and the two readings of how it arrived](https://causalityineconomics.com/blog/the-pillars) _2026-04-21 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ Kevin Warsh appeared before the Senate Banking Committee on April 21, 2026, for confirmation as Federal Reserve Chair. Across two and a half hours of questioning, he delivered not a set of positions but a program — four operational pillars standing on one normative premise: that Fed authority is conditional on its performance of a narrow mandate. [Listen](https://causalityineconomics.com/static/audio/the-pillars.mp3) ## [The Offset: What the Fed's own transcripts reveal about the fiscal burden Judy Shelton describes](https://causalityineconomics.com/blog/the-offset) _2026-04-20 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ Judy Shelton describes a fiscal burden the Fed has imposed on the Treasury through interest payments on reserves. The transcripts show the Committee built the framework knowing exactly what it would cost. [Listen](https://causalityineconomics.com/static/audio/the-offset.mp3) ## [The Distinction: What the Fed knew about the line between supply shock and inflation regime](https://causalityineconomics.com/blog/the-distinction) _2026-04-15 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ Yellen arrives in Hong Kong with the most analytically sophisticated version of the argument the archive has tested repeatedly: this is a supply shock, expectations are anchored, the Fed should be... [Listen](https://causalityineconomics.com/static/audio/the-distinction.mp3) ## [Professor Mari Pangestu](https://ecomn.libsyn.com/professor-mari-pangestu) _2026-04-13 · Economic Club of Minnesota_ Against a backdrop of surging tariffs, fracturing alliances, and rising protectionist sentiment on both sides of the Atlantic and the Pacific, the Economic Club of Minnesota gathered to celebrate someone who has spent her entire career swimming against that current. Dr. Mari Elka Pangestu, economist, former cabinet minister, World Bank managing director, and now Indonesia's Special Envoy for… [Listen](https://traffic.libsyn.com/secure/ecomn/EcoMN_Professor_Mari_Pangestu_Program_Mix.mp3?dest-id=61803) ## [The Money: Where Money Comes From, and What Happens When the Federal Reserve Forgets](https://causalityineconomics.com/blog/the-money) _2026-04-12 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ Money enters the economy through two channels — bank lending and government deficit spending — that interact through bank balance sheet composition. The Federal Reserve has understood this for sixty years. The March 2026 minutes show what happens when the understanding is absent. [Listen](https://causalityineconomics.com/static/audio/the-money.mp3) ## [View From the EDGE® April 2026: A Two-Week Ceasefire, but Uncertainty Remains](https://3edgeam.com/view-from-the-edge-april-2026/) _2026-04-11 · View from the EDGE_ In this month’s 3EDGE ​ View from the EDGE®: War in the Middle East​ , Fritz Folts, Chief Investment Strategist, and Eric Biegeleisen, Head of Research and Deputy CIO, provide our latest outlook for global capital markets in light of the ongoing war in Iran. Subscribe The post View From the EDGE® April 2026: A Two-Week Ceasefire, but Uncertainty Remains appeared first on 3EDGE Asset Management . [Listen](https://3edgemarketingcollateral.s3.us-east-1.amazonaws.com/VFE/VFE_04_2026.mp3) ## [The Privilege: What the Fed's own archive reveals about the risks Warren Buffett identifies — and the cure he prescribes](https://causalityineconomics.com/blog/the-privilege) _2026-04-08 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ Buffett identifies four features of the monetary landscape — reserve currency vulnerability, banking fragility, contagion speed, and crisis response adequacy — and the archive validates his... [Listen](https://causalityineconomics.com/static/audio/the-privilege.mp3) ## [The Compound: What the Fed already knew about the remedies its most celebrated investor prescribes](https://causalityineconomics.com/blog/the-compound) _2026-04-08 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ Buffett names Powell and Volcker as his two Fed heroes and proposes two remedies — zero inflation, stability paramount — that the archive shows are mutually incompatible with the heroes'... [Listen](https://causalityineconomics.com/static/audio/the-compound.mp3) ## [The Geopolitical Power of Agriculture](https://ecomn.libsyn.com/the-geopolitical-power-of-agriculture) _2026-04-07 · Economic Club of Minnesota_ On March 30, the Economic Club of Minnesota hosted "The Geopolitical Power of Agriculture," bringing together CHS President & CEO Jay Debertin and CoBank CEO Tom Halverson for a candid conversation about the pressures facing American farmers. The verdict was sobering: row crop producers, particularly soybean and corn growers here in the Midwest, are caught in a perfect storm of depressed commodity… [Listen](https://traffic.libsyn.com/secure/ecomn/EcoMN_Geopolitical_power_of_Ag_Program_Mix.mp3?dest-id=61803) ## [The Precedent: What the Fed's own archive reveals about the history a dissenting governor invokes](https://causalityineconomics.com/blog/the-precedent) _2026-04-01 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ Miran constructs his dissent from five historical precedents: the Greenspan productivity bet, the 'classic reasoning' of looking through supply shocks, the disinflationary power of deregulation,... [Listen](https://causalityineconomics.com/static/audio/the-precedent.mp3) ## [The Guide: What the Fed's own archive reveals about the balance sheet reduction its Governor proposes](https://causalityineconomics.com/blog/the-guide) _2026-03-26 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ Miran proposes shrinking the Fed's balance sheet by $1–2 trillion through destigmatizing the discount window, easing LCR requirements, and normalizing MBS holdings — a comprehensive reform... [Listen](https://causalityineconomics.com/static/audio/the-guide.mp3) ## [The Unanimity: Five decades of unanimous votes. Five mechanisms of collective failure. The architecture of agreement at the Federal Reserve.](https://causalityineconomics.com/blog/the-unanimity) _2026-03-25 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ The FOMC's most consequential failures share a common architecture: unanimous votes masking unresolved analytical disagreement. The transcripts reveal what the votes concealed. [Listen](https://causalityineconomics.com/static/audio/the-unanimity.mp3) ## [The Retreat: The March 2026 FOMC statement made four changes from January. Markets barely noticed. We decoded each change against 90 years of documents.](https://causalityineconomics.com/blog/the-retreat) _2026-03-18 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ Four changes across 240 words. Every one performs a function the statement cannot name. The Fed is narrowing what it claims to know — while preserving every element of the architecture that will authorize the next cut. [Listen](https://causalityineconomics.com/static/audio/the-retreat.mp3) ## [View From the EDGE® March 2026: War in the Middle East](https://3edgeam.com/view-from-the-edge-march-2026/) _2026-03-14 · View from the EDGE_ In this month’s 3EDGE ​ View from the EDGE®: War in the Middle East​ , Fritz Folts, Chief Investment Strategist, and Eric Biegeleisen, Head of Research and Deputy CIO, provide our latest outlook for global capital markets in light of the ongoing war in Iran. Subscribe The post View From the EDGE® March 2026: War in the Middle East appeared first on 3EDGE Asset Management . [Listen](https://3edgemarketingcollateral.s3.us-east-1.amazonaws.com/VFE/VFE_03_2026.mp3) ## [The Insulation: What seven decades of closed-door deliberations reveal about Federal Reserve independence](https://causalityineconomics.com/blog/the-insulation) _2026-03-14 · konstantine.milevsky@gmail.com (Konstantin Milevskiy) · Monetary Blog | FOMC Insight Engine_ The public narrative of Federal Reserve independence rests on institutional architecture — the 1951 Accord, fourteen-year terms, transparency norms, explicit inflation targets — presented as... [Listen](https://causalityineconomics.com/static/audio/the-insulation.mp3) ## [General Paul Nakasone](https://ecomn.libsyn.com/general-paul-nakasone) _2026-03-09 · Economic Club of Minnesota_ The Economic Club of Minnesota welcomed retired General Paul Nakasone, former head of U.S. Cyber Command and the National Security Agency, for a conversation that was equal parts sobering and inspiring. Nakasone opened with a stark reality check: unlike physical borders that can be patrolled and defended, cyberspace offers no natural boundaries. There are no oceans, no walls, no checkpoints… [Listen](https://traffic.libsyn.com/secure/ecomn/EcoMN_General_Paul_Nakasone_Program_Mix.mp3?dest-id=61803)