Quote:
Originally Posted by #-3
It's not just wood though,
Gas prices have gone up what 70%?
Metal Prices have doubled
Wood Prices have almost tripled.
Food & Chemical prices are both up a noticeable amount.
I don't know, but it wouldn't surprise me to learn Linen and Plastic prices are going up.
|
Yep, what we are seeing is garden variety monetary policy based inflation. Welcome to the 1970s again, basically too much money chasing too few goods. At some point a group of politicians and economists will reach a consensus that they will have to choke the money supply. Make sure you all have your houses paid by then. Do we see 18-20% again? Probably not, but maybe 5-10, I could see that.
In the last 6 months or so, even tech prices are going up. I have not seen that in a very long time.