Sep 10, 2021
Summary:
The supply chain is not what it used to be—resources and labor are
in high demand and we are seeing lots of negative effects as a
result. Aaron Clarey comes on the podcast today to talk about some
of these effects—especially within the housing industry—and what
the future may look like as a result.
Highlights:
-The supply chain is like a plastic band about to snap
-Clarey recently built a house and purchased furniture/materials
for it well in advance, acknowledging some of the issues in the
supply chain
-People’s houses recently have not been getting done, which
requires banks to reset interest rates (which are going up) which
creates even more of a rush to get things delivered
-The American dining experience is over—we see long lines, poor
service, and lower quality
-Standards of living go down as quality of work declines—you need
to learn to do things yourself
-It’s a smart idea to buy things now because of the projection of
inflation
-Prices of basic staples (i.e. gasoline) are up astronomically
Useful Links:
Financial Survival Network
Captain Capitalism