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by philip964
Mon May 03, 2021 9:47 am
Forum: Off-Topic
Topic: It's not just ammo prices anymore: Warren Buffett "We're Seeing Substantial Inflation"
Replies: 2
Views: 1798

Re: It's not just ammo prices anymore: Warren Buffett "We're Seeing Substantial Inflation"

My parents saw depression around every corner.

I see inflation around every corner.

Housing prices have sky rocketed due to low interest rates. However, the net cost may be the same.

Gasoline is up what 40% since the low. Imagine this summer.

There is a pool chlorine shortage.

A chicken shortage?

Construction costs are way up. Copper and lumber at record prices. Contractors are having trouble holding prices 30 days.

Feds holding 30 year treasuries at what 2% saves the govt a lot of money. If it goes to 7% we become Greece or Brazil.

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