re: States run by Republican governors boast highest economic growth rates

quote:

---

Resource rich states increase the citizens wealth not because of fed induced price inflation but because of demand price increases.

Inflation infers an increase in price not value.

Demand increases value and prices follow.

---

the fed's low rates have directly increased the price of commodities, through a variety of means.

I do agree demand is the ultimate barometer of the price. But the fed's ZIRP policy has made commodities purchases an attractive alternative investment.