Community QE, Digital Greenbacks, and the Expansion of Democracy

Bob Hockett is always involved in exciting things. In this presentation, he talks about his work developing plans for cities and states to make use of regional Federal Reserve facilities. It is a great step towards what we could be doing to bring Fed officials together with state and municipal officials. He further elaborates on the purpose of this work and how it affects communities recovering from economic crises. The questions and answers at the end add to the evening’s dialogue.

Robert Hockett is the Edward Cornell Professor of Law at Cornell Law School, Visiting Professor of Finance at Georgetown University’s McDonough School of Business, and Senior Counsel at Westwood Capital, LLC. He specializes in the law, economics, and philosophy of money, finance, and enterprise organization in their theoretical and practical, their positive and normative, and their local, national, and transnational dimensions.


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