Pub. 18 2021 Issue 4

ISSUE 4, 2021 NEW MEXICO PUBLISHED BY NEW MEXICO BANKERS ASSOCIATION, FOUNDED IN 1906 PHOTO BY: JIM RENFROW President's Message — Lonnie Talbert Page 6 Executive Vice President’s Message — John W. Anderson Page 8 The Roots of Inflation and How Information is Reported — Mark Anderson Page 16