The banking system has been — and continues to be — at the heart of many of the current economic issues. One of the terms that comes up these days in discussions of today’s economy and banks is excess reserves. N.C. State University economist Mike Walden explains what it means and why it’s important.
The number one economic issue in the country is still jobs. Should an unemployed person get excited when a local company is hiring, even if he or she doesn’t have the skills for jobs at that company? N.C. State University economist Mike Walden responds.