(Bloomberg Opinion) -- My Tuesday morning train reads:

• Why Digital Currency Won’t Save Us (New Economic Thinking); see also Gold Falls to 18-Month Low as Dollar Strengthens (Wall Street Journal)
• The U.S. Becomes an Oil Economy (Bloomberg View)
• Three theories on why MoviePass failed (Washington Post); see also How movie theaters are surviving big tech (Axios)
• You probably have no idea just how much water is needed to produce electricity (Quartz) 
• In U.S., wage growth is being wiped out entirely by inflation (Washington Post); see also Goldman: “Price pressures seem to be everywhere except the inflation statistics” (Calculated Risk)
• Hacking The Electric Grid Is Damned Hard (FiveThirtyEight)
• Enrolling Americans in Medicaid Is Now Cheaper Than Subsidizing Their Obamacare Coverage (Slate); see also Large Hidden Costs of Medicare’s Prescription Drug Program (Upshot)
• Why ‘Never Trump’ Godfather Rick Wilson Started Carrying a Gun in Public (Observer)
• Big Tech’s new idea: read some books (Financial Times); see also The Way You Read Books Says A Lot About Your Intelligence, Here’s Why (Medium)
• The Re-Origin of Species: bringing extinct animals back to life (The Guardian)

The Cost of the Financial Crisis

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To contact the author of this story: Barry Ritholtz at britholtz3@bloomberg.net

To contact the editor responsible for this story: Mike Nizza at mnizza3@bloomberg.net

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

Barry Ritholtz is a Bloomberg Opinion columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He is the author of “Bailout Nation.”

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