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Home > Former President Jim Bullard > Speeches, Presentations and Commentary From the President Optimal Monetary Policy for the Masses April 17, 2019 Presentation (pdf) In a presentation at the 28th Annual Hyman P. Minsky Conference in Annandale-onHudson, N.Y., St. Louis Fed President James Bullard discussed his working paper on whether monetary policy can be conducted in a way that bene�ts all households even in a world with substantial income, �nancial wealth and consumption inequality. In the paper, nominal GDP targeting constitutes “optimal monetary policy for the masses,” he said. March 28, 2019 Presentation (pdf) | Transcript (pdf) Bullard also gave a presentation on this topic at the University of Wisconsin-Madison on March 28. For additional information, see his related St. Louis Fed On the Economy blog post, “Can Monetary Policy Bene�t Everyone in Society?,” which was released the same day. (The paper and blog post are both co-authored with Riccardo DiCecio.) Bullard’s previous presentations of “Optimal Monetary Policy for the Masses” are also available. This video is from the April 17th event in Annandale-on-Hudson, N.Y. 28th Annual Hyman P. Minsky Conferenc… Having trouble with the video? Watch it here.
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