Gifts that keep on giving – AgriNews
I enjoy a well-stocked pantry, a comfortable and heated home, safe transportation, and the family and friends that I love who love me right away. What else could I need? World peace, of course, but I have limited expectations in this area.
How lucky I am rings true especially these last few weeks of the year as I hear from friends and family in parts of Kentucky, Illinois, Arkansas, Nebraska, Iowa , Kansas and Missouri who were on the way to storms that spawned tornadoes and other storms with sustained winds of 50, 60, 70, 80 and even over 90 miles per hour. The devastation caused by the prairie fires in central Kansas is heartbreaking.
Many rural communities in the heart of America have suffered the fallout from another type of storm over the past 21 months: COVID-19 and the response to the virus that has shut down many businesses that will never reopen.
The Federal Reserve Bank tried to stimulate the economy by printing money. A flood of “free money” in the form of stimulus payments from the government may have been a boon for some who were out of work at the start of the pandemic, but for business owners whose workforce did not work. didn’t come back because they were doing really well on the government penny, it was a curse.
As we celebrate Christmas, all talk of the economy includes the word “I”. Wholesale prices rose a record 9.6% in November compared to a year ago.
The producer price index, a measure of inflation before it reaches consumers, is on the rise. Energy prices, food prices, steel and iron prices, fertilizers and so on are all on the rise.
The increase in wholesale inflation over a 12-month period recently broke the 2010 record. I am certainly no economist, but it doesn’t take an economist to understand that our economy must have been over- stimulated and that the consequences are coming to be paid.
As so many pick up the pieces and move on with their lives, grateful to be alive, I pray that I will remain humble throughout this holy season and into the New Year, grateful for this full pantry, this safe shelter. and this car.
No amount of money can buy the most precious gifts: faith, patience, a sense of humor, joy, laughter, hope, confidence, integrity, self-discipline, courage , compassion, humility, friendship, music, loyalty, imagination and, most of all, love.
I will use this time over the Christmas holidays to focus on and appreciate the gifts listed above. I will face the challenges of the economy and inflation in the new year.