IARN — We know that for the past year or so, interest rates have been on the rise. Inflation is growing, and recession is happening or is possibly going to happen, depending on your political ideology and which economists you want to believe. The main takeaway is that no matter which talking heads you listen to, things are changing in the global economic outlook.
So what is a simple breakdown of why it’s happening, and what can be done to fix the issue?
We turn, once again to Dr. Matt Roberts of Terrain Ag. He talks about how labor shortages are the main causes of the economic state we are currently in.
For more on this story, visit the Iowa Agribusiness Radio Network.
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