From a strictly selfish standpoint, bring on the inflation. The fairly recent last payment made on a large farmland purchase 25 years ago was with around $6 corn. At the time of purchase it was probably around $2 corn. And in fiat US dollars, the land would bring about three times what I paid for it. That last payment was a lot easier to make than when I took the debt on. So inflation has served me well most of my farming career. In fact, the toughest time for me was when inflation was "whipped" in the 80's. I just hate to see the working and saving population get screwed so the (big) bankers can keep their jobs and bonuses. Not to mention the economy is being run into the ground and is likely to blow up. Those that understand it or are lucky, benefit from inflation. For most it is just an unseen tax on their living standard. But you already knew that. John |