East Central South Dakota | What you just described is inflation. Then the Fed will have to raise interest rates to bring down inflation. Then the housing industry gets hurt because the high interest rates will keep consumers from buying homes. Consumer debt will continue to grow, and we will see a rise in personal bankruptcies. The unintended consequences of Governmental meddling in markets. Maybe, a simplification of the issue, but more Government is the answer to very few problems. We maybe will have some hard times facing us, but our industry was built on hard times.
I love to read your posts because you have passion for agriculture. I would bet that passion makes you a hell of a good farmer. I guarantee you will survive this downturn cycle to once again enjoy the good years when the cycle turns. |
Not to stir the pot but...
