Inflation kicking up

This is actually because housing starts are now way up, because the housing market is artificially inflated. There is no inventory, and builders are rushing to fill the gap. Bad time to buy a house, especially if you aren't selling one in the process.

Yes, I agree. Still can lead to some troubles if it doesnt swing back in line though. The starts being up were great,....but what those starts have led to now can not be so great. Supply just couldnt keep up with demand for several reasons. But yes....Housing starts were a biggy.
 
Every action leads to a reaction. I like to build things myself for the most part. I enjoy it, and quite frankly if I can save a little money thats another added bonus. This just happened in the last couple weeks....... Wife and I wanted to put in a nice little 8x12 Garden shed. I got to looking over Lumber prices and I was like.....GEEZ, I mights well just buy a nice one from Mighty shed or some similar place. Now when I say shed,....Im not talking one of those little rubber or mental things,....our codes wont allow it,....plus I wouldnt allow it....LOL These are stick built, with good lumber, nice doors/windows, painted LP smart siding and a shingled roof, not metal. I found one that was being displayed and sold on last years pricing before the jump in lumber. HAD TO buy it....shit, for what I payed it made no sense to build it myself. So the moral is......even though the Lumber company wasnt getting my money,.....someone else was and thats a GOOD thing. The money is still getting injected into the economy just through a different vendor.
 
Who needs the experts lol.

One of the first things they teach in Econ 101 is the principle of ‘too many dollars chasing too few goods’ as the definition of inflation. They’re currently printing money to fund the absurd level of debt.

Bingo, inflation is a mathematical certainty. It’s only going to be a question of degree. All we need are flat wages [less certain but very probable] and some ridiculous pump prices and we’ll get to revisit stagflation and the Jimmy Carter era.

Second time around for most of us. Fun stuff. Way to go lefties.

I am quite alarmed that the Fed and most everyone else claims to be sure that inflation will only be temporary, and not a huge problem....

What?

Why?

They dont ever say that I see, we get more of the "We are the experts, trust us" Bull Shit.
 
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