The price of lumber coming down. Does that mean we are in a deflationary environment since the run up in that commodity for a few months was a sign of hyperinflation.
Or does this conversation only work one way?
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I don't think so. In my opinion, the chart was looking for a correctly since the price of lumber jumped by a lot. I think it was like 4 times more expensive or what not. In the short term, I still see rates going up due to people's view of the interest rates.
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There has been widespread illegal (or barely legal) logging in my country since the fall of the iron curtain, I think that speaks for itself when it comes to the value of lumber
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Same here
The idiotic president is cutting down the Amazon tree by tree
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I've heard, your president looks mentally impaired lol :))
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Oh yeah, there's very little doubt of that now...
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