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E SD | These are strange times, it is hard to get a handle on where things are headed. The amount of inflation in the Ag sector is staggering, but the FED is insistent that Deflation is the main risk and policy setter as of now. They took the money supply from 4.8trillion in 2000 to over 9.5trillion as of today, that is a heck of a lot of money created out of thin air. Interest rates are negative, and if you are a large depositor some of the big banks will charge you to keep cash on hand (because there is nothing they can safely re-invest in).
So all this money that is created will find a home, probably mostly in the commodity markets which will in turn push rents & land prices even higher.
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450 rent
