The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Art Bechhoefer who wrote (10592)	3/21/2004 12:44:48 PM
From: Steve Lokness	Read Replies (2) of 110194

Art: I agree completely. The only point I tried to point out is that it is my belief that once the government steps in and meddles - markets go out of whack. It just sets in motion a series of motions that propel prices skyward - at least initially. At a final stage, people/corporations/governments buy up just to hoard, afraid of even more increases. The lumber issue is the one that pisses me off to no end. Just over a year ago I could buy OSB for 5 bucks a sheet, now it is close to 18!! Now where is that 13 dollar increased price going? How does this price increase square to those who continue to maintain there is no inflation? It's absurd! Incidentally, rebar is also way up and someone mentioned two recent increases in carpet. Are these NOT going to show up in the price of homes? So what caused the initial increase in OSB? Once again I believe government meddling. Buying up OSB for Iraq and the Canadian tariffs. My gosh and this is a republican president and congress!!! steve

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