Wednesday, May 11, 2011

A Couple of thoughts...

A couple of thoughts from Alan Barkema of the Federal Reserve Bank in KC...

"This period of record profitability in agriculture could continue for sometime due to the population and income growth in emerging markets"

"It's almost impossible to determine how much of the run up in land values is driven by supply/ demand fundamentals and how much is a result of the monetary policy combination of artifically low interest rates and excess liquidity (cash) supplied by the federal reserve"

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