The $10 of lumber you owned six months ago is now worth $60.
This is not a reflection of the value of a 2x4. It’s a reflection of the value of a dollar.
And then people bash crypto.
Bottom line: Every second you hold onto a dollar the amount of buying power of that dollar drops.
So what’s more sensible: buying crypto or saving the dollar? (Insert whatever you want for crypto - gold, silver, crypto, oil, gas, lumber, food)
“The $10 of lumber you owned six months ago is now worth $60.”
I don’t think it is that crazy. My neighbor just bought some pressure treated for his deck at Home Depot. He said price was not too bad. I did not ask the particulars.