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BA Deere
Honored Advisor

Economy shrunk by .7% in 1st quarter

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2 Replies
illinifarmer
Advisor

Re: Economy shrunk by .7% in 1st quarter

The grain market did that alone
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BA Deere
Honored Advisor

Re: Economy shrunk by .7% in 1st quarter

Yellan would like to raise interest rates, so that the fed would have a tool in their toolbox to fight inflation.  Inflation is a funny thing, people that have it good say "Inflation! What inflation? I don`t see no inflation!"  But those of us in the real world are bit in the butt everyday with inflation and many of us can`t put a finger on it.

 

The Chapwood Index actually shows the rising cost of living that us real worlders experience.  The fed knows it`s not a figment of our imaginations and they know the lid won`t stay on this pot much longer.

 

http://www.chapwoodindex.com/ 

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