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  • Writer's pictureYvonne Root

Inflation Information

This is Humorous

Why are there so many jokes about inflation these days?

Because demand has increased following a period of low interest.

How high is the price of lumber?

So high that the Feds confiscated a load of 2×4s buried in kilos of cocaine.

What is the problem with Inflation Jokes?

Unfortunately, the joke decreases in funniness over time.

Inflation is really getting out of hand . . .

That’s just my 3 cents.

Things there are no solution to: Inflation, bureaucracy & dandruff. -- Malcolm Forbes

Inflation hasn’t ruined everything. A dime can still be used as a screwdriver. - Jackson Brown Jr

Inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same price. – Robert Orben

This is Interesting

Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man. – Ronald Reagan

It is a way to take people’s wealth from them without having to openly raise taxes. Inflation is the most universal tax of all. – Thomas Sowell

Inflation is the parent of unemployment and the unseen robber of those who have saved. – Margaret Thatcher

“The arithmetic makes it plain that inflation is a far more devastating tax than anything that has been enacted by our legislatures. The inflation tax has a fantastic ability to simply consume capital.” – Warren Buffett

This is Important!

The Construction Financial Management Association website contains a recent article by Thomas C. Schleifer, Ph.D. In the article titled 2022 Construction Inflation Alert, he says, “It is time to look inflation square in the face before we speculate on what we can do about it.”

Then he goes on to offer some eye-opening information concerning where the construction industry stands today in the midst of hyperinflation. He finishes with his view on what it will take to prevent losses in 2022. It is well worth your time to read this short article. Check it out.

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