Meowpher the 10th wrote:
Last load I delivered in Dec Dec 2021, a pound of a certain class board would buy me a McDonalds hamburger. Now that payout has gone up so much, I can once again buy the same size hamburger with a pound of those boards.
There's the problem! The price of scrap is going up, but everything else has as well. I used to take the profit I made from scrap and buy silver or gold (basically upgrading scrap metal into precious metal). Now with silver and gold prices going up it's worth the same.
I was talking to an old timer a few years ago at a gun show and he had a pre 64 silver dime in his hand. He said back when he was a boy his mother would give him a dime like that to go to the store and buy a loaf of bread. Now all these years later that dime is worth about $2.50, and the loaf of bread also cost about $2.50 (bargain bread, not the fancy stuff). The value of commodities has remained the same, but the dollar has lost value.