April 14, 2024

Financials Matter

"It's Not Just About Finance"

Lumber Costs How Much?

One of the unforeseen consequences from man-made pandemics (COUGH! CoronaFraud COUGH!) has been the meteoric rise in commodity prices…namely, Lumber Costs.

According to the National Association of Home Builders (NAHB) current lumber costs adds $36,000 to the price of a new home.

(As if homes weren’t expensive enough)

And for the guy who just wants to fix up his home, the lumber costs for building a deck in your back yard have skyrocketed from $14 per square foot to over $50 per square foot.

Ironically (or NOT) rising lumber costs historically indicates runaway inflation.

Of course, the boyz in DC want you to believe we aren’t experiencing inflation.

Skyrocketing Lumber Costs

However, from last April to today, the NAHB says prices have spiked up a minimum of 188%… “levels never seen before.”

Think of gasoline going from $2.26 per gallon to $4.25.

But again, the boyz running the O’Biden/Hologram administration are telling you that “inflation is under control.”

THEY’RE LYING.

Stealth inflation is running rampant.

Example:  A 24 oz box of cereal used to cost approximately $5.00.

So, when the price goes up to $5.20, it doesn’t seem like a big deal, right?

However, many cereal companies downsized their boxes from 24 oz to 18 oz per box.

Translation: Your cereal cost just got jacked-up more than 25%.

And it’s just one of many examples.

As a result, it lines up perfectly with our call for 2021, When the Great Reset and Food Shortages Hit Home.

Unfortunately, it all points to the idiots who are purposely destroying the global economy in order to force their “Build Back Better” plan.

But the problem is in order to Build Back Better, they must destroy what’s in place.

So far, their plan – destroying millions of jobs and making millions dependent on govt handouts, causing food shortages and untold damage to the global economy – is working.

However, we’re nearing the point where not only unaffordable housing (lumber costs) is out of control, but simply putting food on the table is becoming a problem.

And when people can’t put food on the table is when they take to the streets.

Are you “Connecting the Dots” yet?

If not, then what are you waiting for?

Learn how the The Most Hated Bull Market in History will explode higher…AFTER the boyz beat it down (HERE).

And hold off on building that deck in your back yard.

We’re Not Just About Finance.

https://www.financialsmatter.com/connecting-the-dots/

P.S. Keep your eyes on China making a hard move on Taiwan in the near future.

 

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“Commissioner, It’s Time to Call Magaman”

 

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