The blogs have begun. This first story is by Sacramento Bee columnist Dan Walters. California's economic future appears dim
His daily column on state politics and economics gives an objective opinion on the state of our state. Share your thoughts. Is Dan Walters being too pessimistic? If a candidate for governor promises more job recovery, can you believe them?
Tuesday, March 30, 2010
Monday, March 29, 2010
Narrow-Minded Banking
Nobel Prize winning economist Paul Krugman writes columns for the New York Times and is a frequent interview guest on news shows. In this discussion of banking regulations Dont Be Narrow Minded compare your understanding of the topics of liquidity and deposit insurance. Would it make sense for a bank to hold 100% of its reserves? If so, how would the Fed control the money supply?
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