I keep waiting for lumber to go down, but it just keeps going up. What was $8 a year ago is now $38. I would call that hyperinflation.
Fortunately I can fight back by selling my trees for lumber. I guess they are now one of my inflation hedges. :)
“What was $8 a year ago is now $38. I would call that hyperinflation.”
You can call it hyperinflation but it’s nowhere near that.
Most people have no clue what hyperinflation is.
It’s when loaf of bread is $3 in the morning $30 that night, $300 the next day, $3,000 the next day, and $300,000 the day after that.