Hmm I wonder if there's any decent volume/volatility inverse ETFs for lumber ETFs CUT WOOD or homebuilder XHB
the demand is still strong for now though
Hahaha. That's actually a good question.
Its as old as civilization itself..
One would would think using decimals would be easier, but back in the day they didn't have precision instruments to graduate tiny units of measure that could be say.... drawn on a diagram, and then shared or copied later by someone else in absence of that diagram.
BUT.... you can take any arbitrary length, it doesn't matter.... you can fold it once and get 1/2; fold it twice and get 1/4; again, 1/8. 1/16, 1/32, 1/64.
It was how mason's on passed designs across borders and built the great temples and palaces of Europe.
...Even the pine from back then is stronger and heavier than current oak lumber. What a scam. My newer house built late 90's is twice as big but easily weighs less than that the two older houses combined since they are also on plaster/lathe vs drywall.
IMO .......... When it comes to building materials and real estate the imperial system is far superior to the decimal system. Square feet is easier to visualize than square meters.
Lol, really? How so? Because it's called foot? Are you idiotic? But let me play with you for a moment. So imagining to sit in a square foot is easier than imagining to sit a chair or place a desk on a square meter of space? Yes, for someone on LSD perhaps.
Well, no shit. Old Growth pine is going to be more dense than sustainable pine, because the trees are hundreds of years older than the fast-growth slash-pine stuff we use today.
Go ahead, keep cutting away the hundreds-YO trees. Your grandkids will love you.
The metric system is work of The Devil.Ha, kindest explanation I have ever read to cover for that idiot who came up with this imperial crap when the metric system existed for centuries. As if some drunken seafarer is just smart enough to imagine how long 7/32 inches are but can't handle 15cm at all.