There's a lot of information out there. Some of it is junk, some of it is frame-worthy. For every dozen foam-spewing-from-mouth rants out there, there's a well-thought-out, factual, logical piece of work that deserves your attention. Here are five you might enjoy:
Get ready for a double-dip recession
This is an important article for those insisting we're about to be mauled by inflation. While the Federal Reserve has been printing money like maniacs, the real money supply flowing through the economy has actually declined over the past year. Why? Because banks like Bank of America
Interview with David Wessel
A nearly one-hour talk with Wall Street Journal economics editor David Wessel. He's one of a small of group reporters who truly seems to have a grip on the interworkings of the Federal Reserve. One great point: Bad loans crushed the real estate market, which incentivized holders of good loans -- those made by responsible banks to creditworthy borrowers -- to walk away. Watch the whole thing -- he's a smart guy.
How Visa, Using Card Fees, Dominates a Market
(New York Times)
This article's a month old, but well worth a read. It describes how Visa
In Praise of Mammoth Deficits
Bound to irk our Tea Partying Fools who want to take the credit card away from Washington: "The far greater risk to the economy … is that the Obama administration will cave in to calls for fiscal piety exactly at the moment when the economic recovery needs more oomph."
Paulson Tells Buffett Banks to Repay 'Every Penny'
Warren Buffett showed off his Charlie Rose skills by interviewing former Treasury Secretary Hank Paulson on Monday. He lobs some hardball questions at Paulson, I have to admit (watch the full video here). Paulson tells Buffett that banks will repay every penny of TARP. Well … yeah. That's been known for a while. Big banks like Goldman Sachs
Got any of your own to share? Post away in the comments section below.