Minerd Cites Lumber as Reason He's Not Worried About Inflation

The discussion covers the Federal Reserve's belief in a supply side response improving by year-end, with supply constraints expected to heal. Examples include falling lumber and copper prices, suggesting reduced price pressure. Inflation is concentrated in sectors like travel and cars, with potential COVID resurgence possibly reducing demand and easing price pressures.

What does the Federal Reserve expect to happen from September onwards?

• An increase in taxes

• A supply side response

• A decrease in interest rates

• A rise in unemployment

Which commodity's price drop is mentioned as an example of easing supply constraints?

• Silver

• Lumber

• Gold

• Oil

What is the expected impact on prices due to the easing of supply constraints?

• Fluctuation in prices

• Increase in prices

• No change in prices

• Decrease in prices

Which sectors are primarily affected by the current inflation according to the video?

• Education and agriculture

• Technology and healthcare

• Retail and manufacturing

• Hotels and airfares

What could potentially reduce the demand for travel and hotels?

• A new government policy

• A rise in stock market

• A decrease in fuel prices

• An increase in COVID cases