PIERRE, S.D.(DRGNews)- Inflation. Interest rates. Basis points. Possible recession. There’s a lot going on with the US economy these days– and the global economy as well.

South Dakota Bankers Association President Karl Adam says what we’re seeing now is the culmination of the last few years.

Adam says in an attempt to settle some of the economic uneasiness in the United States, Congress got involved.

But, Adam says the huge cash influx from the federal dollars overstimulated the economy.

Adam says there are a lot of stimulus dollars that haven’t been used yet. He says we’ve seen similar economic conditions before, but it’s been 40-some years.