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Friday, March 7, 2014

Monetary

Econ Comments & Analysis                                                                                            
Forbes | The Federal Reserve Is Enabling Obama And Congress' Out Of Control Spending
In the past twelve months the federal government has increased the national debt held by the public by $697 billion while the total debt has grown by $820 billion.
Fortune | Banks may be lending too much
In the past three years, banks have upped their lending to businesses by $415 billion, according to Bankregdata.com. That increase is far larger than it is for any other lending category. Nearly two-thirds of the increase in lending since the financial crisis has been to businesses.

Blogs                                                                                                                             
WSJ | Hilsenrath Analysis: Fed Likely to Continue Taper, Consider Changing Forward Guidance
There is likely enough to like in Friday’s jobs report to keep the Federal Reserve on track to scale back its monthly bond buying by another $10 billion to $55 billion at its March 18-19 policy meeting.