links for 2011-10-06

• The Fed Is Impotent — But Watch Out for Inflation! - Uneasy Money
• The world wants more US government debt - Stephen Gordon
• State K-12 Funding Cuts Are Deep and Widespread - CBPP
• The St. Louis Fed Financial Stress Index - MacroMania
• IMF Floats Bond-Buying Proposal in Europe - WSJ.com
• Expanding access to elite education - Vox EU
• Will the Big Bad Banks Save Obama? - Rational Irrationality
• Balance sheets and reality - Matt Rognlie
• Do Financial Markets Separate News from Noise? - Liberty Street
• Inflation expectations: a downward march - MacroMania
• Slow growth continues - Econbrowser
• The uncertain case against securitization - Real Estate Research
• Keynes and Econometrics - Dave Giles
• The democratic transition - Vox EU