Wednesday, April 21, 2021

The Price Of Plywood Is Absolutely Ridiculous – But It Is Also A Sign Of The Times – Michael Snyder


The Price Of Plywood Is Absolutely Ridiculous – But It Is Also A Sign Of The Times – Michael Snyder

Posted: 20 Apr 2021 06:44 PM PDT

Would you pay $100 for a sheet of plywood?  I know that sounds absolutely crazy, but we are almost there.  The price of plywood has been soaring into the stratosphere in recent weeks, and analysts are telling us that it will remain high for the foreseeable future.  Memes about plywood have started to pop up all over social media, but this is no joking matter.  These extraordinarily high prices are causing a lot of pain in the homebuilding industry, and many Americans have had to postpone construction plans indefinitely.  Unfortunately, our national leaders continue to flood the system with even more new money, and that is going to cause even more extreme inflation in the months and years to come.

Prior to the pandemic, any discussions about plywood on social media were likely to be painfully boring, but now everything has changed.  Thanks to skyrocketing prices, plywood has suddenly become a very hot topic, and one post on Facebook that circulated quite widely ended up getting national attention

“Food for thought — 3/4″ Plywood Standard:

March 2020 – $37.98 /sheet

February 2021 – $72.49 /sheet

March 2021 – $83.49 /sheet

April 2021 – $95.98 /sheet

That is 252% price increase on one of the most used piece of common lumber for construction.”

Not surprisingly, this post got flagged on Facebook for being “misinformation”.

But then PolitiFact looked into this, and they confirmed that the price of plywood really has risen to such levels

Shawn Church, editor of Random Lengths, which publishes price data on the wood products industry, gave us figures for 23/32-inch plywood produced in the Pacific Northwest and the South.

The price in the Northwest for Fir 23/32-inch sheathing for the first week of April was $1,610 per thousand square feet, up 287% from $560 a year earlier.

In the South, the price of that panel was $1,500 per thousand square feet, up 230% from $455 one year ago.

Personally, I could never see myself shelling out $100 for one piece of plywood, because that just seems nuts.

But our world has become a much different place over the past year.  The system has been absolutely flooded with new money, and there is no going back to the way that things once were.

Let me give you another example of the sort of extreme inflation that we have been witnessing.  According to the Guardian, an old pair of Kanye West’s Air Yeezy sneakers that are being auctioned off have been valued at one million dollars…

Kanye West’s Air Yeezy sneakers are being auctioned for $1m, making them Sotheby’s most expensive shoe listing ever. They are expected to break the record set by a pair of Nike Air Jordan 1s worn by Michael Jordan, which sold for $615,000 last year.

The black, size 12 Nike Air Yeezy 1 prototypes, designed by West and Nike’s Mark Smith in 2007, were groundbreaking. Aesthetically they altered the shape and form of sneakers in the decade that followed.

Who in the world would be dumb enough to pay a million dollars for a pair of old sneakers?

That is literally insane.

Speaking of insane, Dogecoin now has a total market value of approximately 50 billion dollars

Dogecoin, which is pronounced dohj-coin, has already leaped to roughly 39 cents, up more than 8,000% for 2021 so far. That towers over the roughly 11% return for the U.S. stock market, which itself is getting criticism for rising too high. Collectively, dogecoins have a total market value of roughly $50 billion, according to CoinDesk. That puts it on par with Dow Inc. or Kimberly-Clark, which makes Kleenex and Huggies.

Are you kidding me?

Dogecoin doesn’t even pretend to be a serious cryptocurrency.  It was started as a total joke, and nobody ever thought that it would have any real value.

But thanks to Elon Musk and other proponents, Dogecoin really has gone to the moon.

In the end, I believe that Dogecoin will be the “” of this financial bubble, but for the moment Dogecoin investors are loving life.

Of course it won’t last, and those that are comparing it to “tulip mania” are right on target…

“This is like a cross between a pyramid scheme and tulip mania,” one user on Reddit, named hazardousmeme, said in a discussion about Dogecoin after another user asked if it’s a safe investment. “Safe is the absolute last thing that this is.”

“Let’s hope this goes up!” another Reddit user, Enough-Construction5, wrote after saying they bought $500 worth of Dogecoin. “Better than putting it into a slot machine!”

No, it is exactly like putting it into a slot machine.

Maybe social media hype can drive Dogecoin even higher, but eventually it is going to zero.

So I hope that the guy that is currently holding close to 15 billion dollars worth of Dogecoin is able to sell while he still can…

There is little we can add here that David Einhorn didn’t already say yesterday, but it’s probably worth noting for those keeping track of where in the bubble we are now, that in the magical world of dogecoin – a cryptocurrency that was specifically created as a joke spoof on the crypto concept and which has been promoted aggressive by such luminaries as Elon Musk – there is now a holder residing at address “DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L” who owns 36,711,935,369.11 dogecoins or whatever the plural is, and whose holdings – which started accumulating back in Febriary 2019 – after the latest surge in dogegoin which has sent the joke crypto up 150% in the past 24 hours and 5x in the past week…

… are worth just under $15 billion.

In the old days, investing was all about fundamentals, and rational investors were often greatly rewarded.

But now the “markets” are all about meme stocks, crypto speculation and following whatever moves the Federal Reserve is making.

We are in the financial bubble to end all financial bubbles, and the eventual implosion of this epic bubble is going to be spectacular.

But in the current environment, Dogecoin investors are laughing all the way to the bank, and a single deli in rural New Jersey can have a value of close to 100 million dollars.

The markets are completely broken, and the current insanity on Wall Street will not last for much longer.

On the other hand, the rampant inflation that we are witnessing is here to stay, and it is going to be a major issue in our society from this point forward.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on  In addition to my new book, I have written four others that are available on including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post The Price Of Plywood Is Absolutely Ridiculous – But It Is Also A Sign Of The Times… first appeared on The Economic Collapse.

Saturday, April 17, 2021

Rabbi David & Steve Martin – “Love For His People”


Rabbi David & Steve Martin – “Love For His People”

Steve Martin, David Peterman

April 15, 2021 Steve Martin 1.82K subscribers

Rabbi David & Steve Martin – “Love For His People” – David Peterman and Steve Martin talk about the foundation and purpose of the ministry LOVE FOR HIS PEOPLE founded in 2010 by Steve & Laurie Martin of Charlotte, NC. Our primary outreach is to help with aliyah and Messianic Jews in the Land of Israel.

Videos filmed and shared by Steve Martin – to give appreciation to and love for those we support, through Love For His People, Inc.

Love For His People ministry P.O. Box 414 Pineville, NC 28134

Tuesday, April 13, 2021

Rabbi David & Steve Martin – Encouragement for our friends


Rabbi David & Steve Martin – Encouragement for our friends

April 9, 2021 Foundation Israel and Love For His People ministries

Recorded in Lancaster, South Carolina USA to give encouragement to our friends both here in the USA, Israel and India. We have been friends for many years, being grounded in our support for Israel and the ways of the Lord Jesus (Yeshua).

Steve Martin, Founder/President Lover For His People

P.O. Box 414 Charlotte, North Carolina 28134 USA

“David” by Steve Martin, Love For His People ministry


April 8, 2021 Charlotte, North Carolina USA

“So he sent and brought him in. Now he was ruddy, with bright eyes, and good-looking. And the Lord said, “Arise, anoint him; for this is the one!” Then Samuel took the horn of oil and anointed him in the midst of his brothers; and the Spirit of the Lord came upon David from that day forward. So Samuel arose and went to Ramah.” 1 Samuel 16:12-13, NKJV

As I do, I am sure you know many who are named David. In fact, to keep them separate in conversations with people I have nicknamed one “Rabbi” and the other “Cowboy”. I will let you figure out how I arrived at those specific names on your own.

But we all know the one named David in Scripture. He at times was called the shepherd boy, the son of Jesse, the youngest boy, the warrior, the worshiper, the psalmist, and most noted of all the king of Israel. One source says he is mentioned 1,011 times in Scripture – Old and New Testaments combined.

Do you realize David was a Jew?

Photo by Steve Martin, Jerusalem, Israel

Born in the lineage of Abraham, Isaac, and Jacob, David was a chosen Jew, from whom came the Messiah.

“There were fourteen generations from Abraham to David, another fourteen from David to the Babylonian exile, and yet another fourteen from the Babylonian exile to Christ.” Matthew 1:17, THE MESSAGE

In many Christian circles, whether growing up or in our present churches, it is rarely understood that this king of Israel, a forefather of Jesus (Yeshua) Himself, was a Jew, as Jesus Himself was. Jesus was the Promised One who would come after David, having the rightful kingship to rule. God the Father had chosen David, a man after God’s own heart, and yet one who committed several grievous sins, to be part of Mashiach’s (Messiah’s) lineage.

“Always remember that Jesus Christ, a descendant of King David, was raised from the dead. This is the Good News I preach.” 2 Timothy, 2:8-9 Holy Bible, New Living Translation

Many of us read David’s writings every day as part of our Bible reading. The psalms are always available to bring us words of comfort, courage, and inspiration, as David expressed his heart readily and truthfully, of which we too can relate easily.

When I go to Israel again, hopefully yet this year for my 23rd time, I may stop in another hour at the tomb of King David, as many in Jerusalem do. Located in the lower level under the famous Upper Room, where Yeshua could have shared the Last Supper, the Passover Seder with His disciples, and visited regularly by many tour groups, David’s tomb is not so much, except daily by faithful Orthodox Jews who meet there in solemn prayer times. I am grateful I was allowed on several locations to take photos.

One of my favorite verses I first memorized is found within this prayerful meditation of David.

“Trust in the Lord, and do good; dwell in the land, and feed on His faithfulness. Delight yourself also in the Lord, and He shall give you the desires of your heart. Commit your way to the Lord, trust also in Him, and He shall bring it to pass. He shall bring forth your righteousness as the light, and your justice as the noonday. Rest in the Lord, and wait patiently for Him; do not fret because of him who prospers in his way, because of the man who brings wicked schemes to pass. Cease from anger, and forsake wrath; Do not fret — it only causes harm. For evildoers shall be cut off; but those who wait on the Lord, they shall inherit the earth.” Psalm 37:3-9, NKJV

David can be an inspiration to each of us as we meditate on the words inspired by the Holy Spirit which were written down and kept through all these centuries for our benefit. I hope you make it a consistent discipline to read them on a regular basis.

Ahava and shalom,

Steve Martin, Love For His People founder

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Message #44 – in the year of our Lord 04.08.21 – David” -Thursday, 1:00 pm in Charlotte, NC USA