The economic concerns of execs and money managers are worth consideration every time pundits and newsies celebrate more "free money" that keeps flowing from the new administration.
Accordingly, some very smart people in the Kansas City metro share worries about future of the currency whilst we all might benefit from realizing the paper money is really nothing more than a promise.
Check-it . . .
The overall index rose to its second highest reading since before COVID-19 in the 10-state region, Missouri's rising to a regional high. A monthly survey of bank CEOs revealed their concerns in 2021 center around excessive inflation and higher long-term interest rates. The Creighton University Rural Mainstreet Index (RMI) climbed above growth neutral across the 10-state region.