Like most people, I find the world of money and banking to be mostly a mystery. Unlike most people, I’m not afraid to ask questions that make me look stupid. So last week on our radio show, I had my friend King Baniain as a guest for a session of “Ask the Economist.” King is the chairman of the Economics Department at St. Cloud State University and is very knowledgeable about banking. So I thought it would be interesting to talk about banking, the Federal Reserve and the money supply, in the context of the Obama administration’s unprecedented orgy of debt. What are the implications for the value of your savings and our children’s future? Go here to listen or download the conversation, and find out.
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