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# 34th Annual Monetary Conference

## CENTRAL BANKS AND FINANCIAL TURMOIL

**Thursday, November 17, 2016** 
9:00AM — 6:15PM

Cato Institute, 1000 Massachusetts Avenue, N.W., Washington, D.C.

**[About the Conference](/events/34th-annual-monetary-conference) | [Conference Schedule](/events/34th-annual-monetary-conference/schedule) | [Registration](https://securessl.cato.org/events/monconf-2016.html)**

| **8:30 — 9:00AM** | **REGISTRATION** |
|---|---|
| **9:00 — 9:05AM** | **WELCOMING REMARKS** **[James A. Dorn](/people/james-dorn)** Vice President for Monetary Studies, Cato Institute |
| **9:05 — 9:45AM** | **KEYNOTE ADDRESS** [Download the Video of the Event](https://cdn.cato.org/archive-2016/cc-11-17-16-01.mp4) [Download the Podcast of the Event](https://cdn.cato.org/archive-2016/cca-11-17-16-01.mp3) **Thomas M. Hoenig** Vice Chairman, Federal Deposit Insurance Corporation |
| **9:45 — 11:00AM** | **PANEL 1: CENTRAL BANKING AND MARKET VOLATILITY** [Download the Video of the Event](https://cdn.cato.org/archive-2016/cc-11-17-16-02.mp4) [Download the Podcast of the Event](https://cdn.cato.org/archive-2016/cca-11-17-16-02.mp3) Moderator: **Craig Torres** Financial Reporter, *Bloomberg News* **[John A. Allison](https://www.cato.org/people/john-allison)** Former President and CEO, Cato Institute, and former Chairman and CEO, BB&amp;T Bank **Mark Spitznagel** President and CEO, Universa Investments, LP **James Grant** Editor, *Grant’s Interest Rate Observer* |
| **11:00 — 11:30AM** | **BREAK** |
| **11:30AM — 12:45PM** | **PANEL 2: MONETARY MISCHIEF AND THE “DEBT TRAP”** [Download the Video of the Event](https://cdn.cato.org/archive-2016/cc-11-17-16-03.mp4) [Download the Podcast of the Event](https://cdn.cato.org/archive-2016/cca-11-17-16-03.mp3) Moderator: **Josh Zumbrun** National Economics Correspondent, *Wall Street Journal* **Athanasios Orphanides** Professor of the Practice of Global Economics and Management, MIT Sloan School of Management **H. Robert Heller** Former Member, Federal Reserve Board of Governors **Daniel L. Thornton** Former Vice President and Economic Advisor, Federal Reserve Bank of St. Louis |
| **12:45 — 1:30PM** | **LUNCHEON** |
| **1:30 — 2:15PM** | **LUNCHEON ADDRESS** [Download the Video of the Event](https://cdn.cato.org/archive-2016/cc-11-17-16-04.mp4) [Download the Podcast of the Event](https://cdn.cato.org/archive-2016/cca-11-17-16-04.mp3) **Hon. Phil Gramm** Former Chairman, Senate Banking Committee |
| **2:15 — 3:30PM** | **PANEL 3: THE PROBLEM OF A CENTRALLY PLANNED MONETARY SYSTEM** [Download the Video of the Event](https://cdn.cato.org/archive-2016/cc-11-17-16-05.mp4) [Download the Podcast of the Event](https://cdn.cato.org/archive-2016/cca-11-17-16-05.mp3) Moderator: **Judy Shelton** Co-Director, Sound Money Project, Atlas Network **[Gerald P. O’Driscoll Jr.](https://www.cato.org/people/gerald-odriscoll)** Senior Fellow, Cato Institute **Kevin Dowd** Professor of Finance and Economics, Durham University **Tyler Goodspeed** Junior Fellow in Economics, University of Oxford |
| **3:30 — 4:00PM** | **BREAK** |
| **4:00 — 5:15PM** | **PANEL 4: RETHINKING THE MONETARY TRANSMISSION MECHANISM** [Download the Video of the Event](https://cdn.cato.org/archive-2016/cc-11-17-16-06.mp4) [Download the Podcast of the Event](https://cdn.cato.org/archive-2016/cca-11-17-16-06.mp3) Moderator: **[George Selgin](https://www.cato.org/people/george-selgin)** Director, Center for Monetary and Financial Alternatives, Cato Institute **Jerry L. Jordan** Former President, Federal Reserve Bank of Cleveland **Steve Hanke** Professor of Applied Economics, Johns Hopkins University **Walker F. Todd** Trustee, American Institute for Economic Research |
| **5:15 — 6:15PM** | **RECEPTION** |

**[About the Conference](/events/34th-annual-monetary-conference) | [Conference Schedule](/events/34th-annual-monetary-conference/schedule) | [Registration](https://securessl.cato.org/events/monconf-2016.html)**