Bagman's charts, watchlists, scans and etc.

[griff]

NP..I'm always looking at this kind of stuff Nate..
I forgot to post this comment posted below the article, it's a good one!
Interesting about the costs of lumber..And Bacon, I luvs Bacon!lol

James HancockJuly 23, 2014 at 2:27 PM

At this point you have to wonder what they're going to do when people run out of things to substitute?

How many people have to be eating Mac and Cheese every night of the week before they can't substitute their way out of this any longer?

And now the FDA is moving to acknowledge that they've been covering up the use of anti-biotics in meat being disastrously harmful to people, and going to ban it. If you think the prices for meat in this country have been going up quickly before, just wait, it's about to get much much worse when they can't fatten up animals using anti-biotics any more.

We're already to the point where even eating only meat and veggies in most restaurants will make you sick because the quality is so low, and the size of everything is half what it used to be. (i.e. Leddy's bacon went from a pound for $1.99 in 2008 to 12 ounces for 2.99 in 2013 to 10 ounces for 3.49 in 2014 to now $4.99 for 12 ounces. They've given up on trying to hide inflation by filling their packaging less and less and are now just passing on the massive cost increases directly and they're not alone. Everyone is doing it and it isn't just food.

Home Depot used to sell a 4x8 1/2" drywall sheet for $7.75 in 2011. They're now $10.25. 2x4x96s are now almost DOUBLE what they were in 2011... oh and they rounded off the corners of the wood more because they use that fiber to make wood pellets to heat your house so they can make money from the shavings... oh and all dimensional lumber is an 1/8th of an inch narrower now than it used to be. 5/4x6 deck boards in 2011 won't match up with ones bought in 2012 because they're a 1/16th of an inch wider, and now those 2012 boards won't match up with 2014 boards for the same reason. We're to the point where a 5/4x6 is really 1" x 5 3/16" and 2x4s are not even structural (1 1/2" x 3 7/16") which drives up the price of construction because you have to build with 2x6s instead which makes the same house either smaller inside or requires more wood on top of the additional cost. Calculate that into the CPI.