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Events • November 15, 2018 

# 36th Annual Monetary Conference: Panel 1: The New Operating Framework: An Evaluation 

Ten years after the 2008 financial crisis, we are again facing the possibility of economic turmoil as the Fed and other central banks exit their unconventional monetary policies. Although central banks will move gradually, unforeseen circumstances could trigger a flight to safety and a collapse of asset prices.

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

##### Josh Zumbrun 

##### Stephen D. Williamson 

[![George Selgin](/sites/cato.org/files/styles/author_picture/public/2021-01/George%20Selgin.jpg?itok=daUqyD5g)](/people/george-selgin) 

##### [George Selgin](/people/george-selgin)

Former Senior Fellow and Director Emeritus, Center for Monetary and Financial Alternatives, Cato Institute

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](https://x.com/GeorgeSelgin) [ 

](mailto:gselgin@cato.org) 

##### Peter Ireland