Land Development Council - GreenStone Farm Credit Services/Premier Bank

Date and Time

Thursday Jul 28, 2022
12:00 PM - 1:00 PM EDT

Thursday, July 28, 2022
12:00pm to 1:00pm

Location

BRAG Ann Arbor Conference Room
 

Fees/Admission

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Contact Information

Andrea Salemi
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Description

Land Development Council Featured Guest

Ashlee Guerrero, GreenStone Farm Credit Services
Jeremy Shaffer, Premier Bank

Topics to include:


What is the function of the Federal Reserve? What is the FOMC?  What are short term interest rates the Fed controls and what affect do those rates have on long term rates including mortgage interest?  Is the Fed part of the Federal Government?
 
How is the rate of inflation calculated and what is in the bucket of consumer goods used to calculate the rate of inflation?  Are gasoline and food part of the goods in the bucket?
 
What does it mean that the government can print money when it needs more funds? What is the US dollar backed by? 

 

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