The Industries Affected by Surging Corn Prices
The U.S. is the world’s largest producer and exporter of corn
The U.S. is the world’s largest producer and exporter of corn
Transitory inflation is going to be surprisingly stiff right up until the moment that the Fed starts to worry that it isn’t actually transitory
The petroglyphs are estimated to be as much as 4000 years old.
Another monopolized market
Moral hazard is a powerful thing
China’s advantage in manufacturing has less to do with labor costs than many assume
Don’t worry, the site isn’t going anywhere
The punchline is the market believes that the inflation will overshoot the Fed’s target for five years.
“Then there is the question of can they stabilize it without having it crash. That’s hard to do.”
The race is on to spend as much money as quickly as possible for as long as possible