Why the cost increase?


I went to buy materials for a speaker project. I also priced some T-111 siding on 8" centers, 5/8 thick, Ship lap.
I hadn’t picked up any sheets or anything in over 18 months.

48" x 96 x 5/8 wood siding was 19-26.00 and on sale 15-20.00 per sheet, NOW 74-84.00 per sheet.

MDF 3/4" 48 x 96" if you can find it. 45-55.00 per sheet it was 22.00 to 27.00 per sheet.

2x4x8 DF stud grade 1.99-3.00 per. Now 4-6.00 per stud,

There is no shortage but there sure is a LOT of price gouging. NOTHING changed. Just the price..

The quality is worse. The workers aren’t paid worth a crap...Why the increase?

I’m getting ready to finish my home out. WOW.. I might have to rethink this a bit..

The price all most tripled in 12-18 months.. This kind of stuff is NOT cool at ALL.

Just my opinion of course. Any projects you’re doing get put on hold or STOPED?

YES I’m very frugal. Money never came easy, and it leaves the same way..

oldhvymec

I don't claim to know much about economics, but according to the St. Louis Fed data, the near vertical upward surge in the M3 money supply began in March 2020, not on Biden’s watch.  According to their data, it was 15.4T in Jan 2020, and 19.4T by Jan 2021 when Biden took office.  As of the most recent data point in May 2021 it stands at about 20.4T, up an additional 1T.  If my numbers are off, please correct me.


You beat me to it, and here’s a link to the FRED:
https://fred.stlouisfed.org/
One can spout all the BS they want but when the facts don’t back them up.....

Economic output just grew by 6.5%. Reductions in child poverty exceeded expectations (-50%) by reducing it by 65% and overall poverty is down by 45%. Who is against that?

If everyone who's unvaccinated went and got their vaccine shot tomorrow, we could all open up 100% by the weekend and you'd see this economy soar. But there are those who don't want to see such success for many a stupid reason. It's hard to deal with stupidity.

Instead, we're bombarded with fact free info from the darkest and sickest of minds. What matters is the paying of the interest on the debt, which is around 1.4% of GDP, which is really good. In 10 years it's projected to be down to 1% of GDP, which is a great place to be. Back in the '90s when we were paying off Reagans massive debt interest, we were paying just over 3% of GDP, which took a toll on the economy. Were doing just fine, thank you.

By the way, if hair-on-fire hysterics are a result of the $1.9 Trillion dollar Rescue Package which benefited the commoners, just rescind the unfunded $2 Trillion tax break for the uber rich who didn't need it.

Hey, Bob is your uncle.
All the best,
Nonoise
Ok I agree with everybody. Until I don’t agree with anybody.

I hedged my investments with land.. Their not making any more that I can afford. It was the only way I’ve ever made money in the VERY long run.

Everything including gold and any of that sort of stuff is still only as good as what someone else is willing to exchange for it.. A pound of gold for a pound of rice in a famine. But an acre of land can feed a family..

My American Irish upbringing. Just plant the potatoes BOY-O and keep the powder dry...

There is a reason for my two old Victrolas, Crank um up boys, we’re havin’ a shindig!! Fire up the stills we’re in the fuel making business. Where’s them taters? Sugar beets for HIGH sugar and sorghum.

Mini Standard Oil Company.. :-)

For the record EVERY agency I’ve contacted in our Federal government is not taking face to face appointments with anyone who has a SS number. ONLY if you do NOT have SS number can you get a face to face meeting with someone. NO $hit is what the federal employee is being paid to tell you. "There are no face to face appointments or appointments over the phone UNLESS you have no SS number... Send in your paper work in, we will review it as soon as we can.. EVEN selling a house and trying to pay the FED taxes on the sale.. CLOSED to the public.. BUT getting paid to say it... NOT WORK.. They don’t even ask your name.. IT’S BROKE...my friends..

Any one test positive for Covid in the new school year they close the school for 10 days.. You have to be kidding.
There has to be a threshold, just like anything else.. Escalation in moderation.. Does Everything deserves the hammer approach.. OFF/ON geez.. No in between?

I just wanted to build some speakers, fix my house and invite everyone over to listen.. :-)
10k air fair from SoCAL to NoCAL the way prices are going..

Regards
The fact free contingent is in full cry here I see. Settle down folks the economy is back on track and inflation is largely temporary. And glad someone said this already a little inflation, and corresponding wage increases, are good both for the economy and workers. Covid is a multifaceted cluster**** but if everyone would stop whining and get vaccinated that war would be over.


Or instead sit there unvaccinated and whine about the price of corn in the 1800s and the gold standard or whatever lie you're currently believing.
Economic output just grew by 6.5%. Reductions in child poverty exceeded expectations (-50%) by reducing it by 65% and overall poverty is down by 45%. Who is against that?


Even if those numbers are correct, it's not going to last being that it's all Propped up artificially by the fed.