Episode 326:  The subtitle to this episode could be: Why lumber prices are so high but timber prices are so low.

Bottom line, the media narrative of hyperinflation is much ado about nothing. 

Over the short term, I don’t see the FED raising interest rates nor curtailing easy monetary policy.  Transitory inflation is being caused by short term shortages, not long lasting scarcity.

The “experts” were wrong in 2018 when they said the “inverted yield curve” would cause a recession, and they’re wrong now about hyperinflation.  

For a historical perspective, listen to this episode from October 2018:  https://www.wealthsteading.com/276

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