Kris Mitchener on What Actually Anchors the Price Level

Kris Mitchener is a professor of economics at Santa Clara University and is an economic and monetary historian. In Kris's first appearance on the show, he discusses how he fell in love with building data sets out of old dusty archives, the origins and fall of bimetallism, the pros and cons of the gold standard, the problem of operating losses on the Fed's balance sheet, what truly anchors the price level, and much more. Watch the full length video on our new YouTube Channel! Check out the transcript for this week's episode, now with links. Recorded on March 4th, 2026

You can listen to Kris Mitchener on What Actually Anchors the Price Level online on Radio and Podcast. Open the player on this page to stream the available audio.

Kris Mitchener on What Actually Anchors the Price Level is an episode from Macro Musings with David Beckworth by David Beckworth.

This episode is 56:02 long.

This episode was published on Apr 13, 2026.

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