The Supply Chain Ain't What it Used to Be - Aaron Clarey #5262

<p><strong>Summary:</strong><br /> 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.</p> <p><strong>Highlights:</strong><br /> -The supply chain is like a plastic band about to snap<br /> -Clarey recently built a house and purchased furniture/materials for it well in advance, acknowledging some of the issues in the supply chain<br /> -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<br /> -The American dining experience is over—we see long lines, poor service, and lower quality<br /> -Standards of living go down as quality of work declines—you need to learn to do things yourself<br /> -It’s a smart idea to buy things now because of the projection of inflation<br /> -Prices of basic staples (i.e. gasoline) are up astronomically</p> <p><strong>Useful Links:</strong><br /> <a href="https://financialsurvivalnetwork.com" target="_blank" rel= "noopener">Financial Survival Network</a><br /> <a href="captaincapitalism.blogspot.com" target="_blank" rel= "noopener">Captain Capitalism</a></p> <p> </p> <p> </p>