If you thought cryptos are hot and bubbly, look at this:
Lumber Prices Up Fivefold
Wood, the most prosaic ho-hum of materials, is rip roaring ahead. Why? Yes, home building in the US is really going gangbusters, but... seriously, now?
Anyway, yet another nail for the “low inflation” coffin, along with grains and metals. But, hey, let’s keep printing and see what happens - maybe it will all go away...