Economic Tidbits

Hmmm…

“There are two kinds of economists—those that don’t know which way inflation is going to go; and those that don’t know they don’t know which way inflation is going to go.”

Bruce Sherrick, University of Illinois, quoting a Wall Street Journal headline from several years ago, Farmland Markets and Macroeconomic Conditions, University of Illinois webinar, December 15, 2020.

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