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by ddxxdd
1832 days ago
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Did you read the article? The lumber companies DID plan ahead using their knowledge and experience, it just turned out to be wrong. I'm curious to see what economic system would be able to foresee a drastic increase in the demand for lumber during the pandemic-induced depression, despite all the evidence suggesting that the opposite would happen. |
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Demand didn't skyrocket, it simply stayed the same but because humans tried to preempt things sawmills closed and boom now there’s no supply to meet the existing demand so prices skyrocketed.