Farmers may see income boost: Hurt

Decatur Daily Democrat:

Purdue University professor Chris Hurt delivered an analysis of current national economic thinking, along with Purdue's annual agricultural predictions, in Monday's Ag Outlook event at the 4-H Fairgrounds in Monroe, sponsored by the Purdue extension office in Adams County.
Speaking before some 80 people, Dr. Hurt said the United States has been facing inflation since the 1960s and 1970s, began strongly battling inflation in the 1980s, and now the Federal Reserve is trying to create some inflation because the economy, harmed by the sagging housing market, could tip into deflation, which would undercut normal consumption and cause long-term problems....