Lumber prices😳
- Thread starter giles
- Start date
Mickey Merrie
Junior Member
When you hear terms like "modern monetary theory" and "quantitative easing" you need to realize these are plays on the real problem. Debasement of the value of the currency. Like all Ponzi Schemes throughout history, our dollar is debt based and only works as debt increases. Yet as debt increases the value of the dollar decreases. This is what causes inflation, which you see as things costing more and packages getting smaller. Now I am not discounting supply and demand cycles as they play in to this, yet more dollars chasing fewer goods increases demand and thus prices. This is exactly how every empire in history fell. I could give you a 10 hour seminar on this, complete with charts and graphs. I could blame the past 20 Democratic administrations and be spot on, yet this holds exactly true for the past 20 Republican administrations and be just as spot on...
Go look at the real meaning of the story of the Wizard of Oz and the bankster behind the curtain and you will see how far this goes back...
Go look at the real meaning of the story of the Wizard of Oz and the bankster behind the curtain and you will see how far this goes back...
angelzd28
Junior Member
angelzd28
Junior Member
The worlds most expensive shooting platform for bow hunting
Mickey Merrie
Junior Member
Lumber Prices Are Falling Fast, Turning Hoarders Into Sellers
Prices have dropped from record highs spurred by the economic reopening, potentially pointing to an eventual return to normalcy.
Good news for the do it crowd!
Mickey Merrie
Junior Member
Ammo next?
Lumber Prices Are Falling Fast, Turning Hoarders Into Sellers
Prices have dropped from record highs spurred by the economic reopening, potentially pointing to an eventual return to normalcy.finance.yahoo.com
Good news for the do it crowd!
Sgt Fury
Sgt. Spellchecker
Mickey Merrie
Junior Member
Mickey Merrie
Junior Member
It has actually dropped 40% in the last month.
The lumber bubble finally burst. Here's what comes next
"We are in a free fall," says Andy Goodman, CEO of Sherwood Lumber. In the lumber futures market, prices are down 47% from their peak.
So they’re still 53% higher?The lumber bubble finally burst. Here's what comes next
"We are in a free fall," says Andy Goodman, CEO of Sherwood Lumber. In the lumber futures market, prices are down 47% from their peak.fortune.com
Lumber prices continue to plummet—down 49% from the peak
The lumber bubble is deflating—fast. The price per thousand board feet of lumber hit $770 last week, down from its all-time high of $1,515 on May 28.
For large contractor deals, yes. Consumer price at the counter has remained artificially high. Little man keeps getting screwed
Yup, article says it could take weeks for box stores to reflect.
Who else did you expect to get screwed?
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Weeks, shit I bet it's months and months. the big box stores will ride a long drawn-out reduction to maximize profits. Since lowes and home depot control pretty much the bulk of the consumer market they'll indirectly work together to keep prices high.