The book The Fiscal Fed: How the US Central Bank Funds Government, Will Bateman is published by University of Chicago Press.

Fire-selling Teasury bonds and Estée Lauder's China problem

Monetary financing – the issuance of public money to support public expenditure – remains a widespread policy taboo. In this article, we analyze the operational practices of the Bank of England, th...

For most of the twenty-first century, the world’s largest central banks have been acquiring vast quantities of government debt. From the 1930s–1970s, identical operations formed the financial backb...

Will Bateman