So I started listening to NPR’s Planet Money podcast this morning on my walk to work and I have to say it’s simply phenomenal. One of the guys who hosts the show did the recent This American Life episode’s about the economy. What’s so great about the show is that it takes listener questions about the economy and explains what’s going on in terms that most people could understand. It always takes the time to explain trader jargon and random acronyms.
For example, the latest episode explains why credit markets are incredibly important to every day people and how it’s measured. The interviewee talks about Treasury Bond rates and TED spreads and how they measure “fear” but they take the time to explain where you see those rates on yahoo and bloomberg.
Anyways, if you’re confused about the credit crunch, the bailout, the economy (and who isn’t?) I’d highly recommend checking out this podcast.