What would you do faced with 50% inflation?
- Thread starter Alaskajohn
- Start date
Help Support Homesteading & Country Living Forum:
Energy independence, Trump had us enerergy INDEPENDANT!!
- Joined
- Dec 3, 2017
- Messages
- 23,669
In that Aljazeera clip, the reporter is blaming Greece's problems on the 08 crash. That's not entirely true.
And seems like they assumed that "green" tech would save their energy problems, just like all the other socialists are pushing. Sorry that the regular people and the "pensioners" are having a bad time of it, but socialistic green tech stuff does not work. I really dislike Aljazeera news.
And seems like they assumed that "green" tech would save their energy problems, just like all the other socialists are pushing. Sorry that the regular people and the "pensioners" are having a bad time of it, but socialistic green tech stuff does not work. I really dislike Aljazeera news.
We don't have any shortages up here, but the inflation is closing on 50 to 100% for a lot of groceries. A half tank of 89 regular gas cost me $75.00 yesterday.
- Joined
- Sep 4, 2020
- Messages
- 11,085
The Princess reported canned chicken that cost $11 a can a few weeks ago are $17 today.
That is just over 50% increase.
Ben
That is just over 50% increase.
Ben
This part
At this point, 70 percent of Americans are living paycheck to paycheck.
This is very useful to the big wigs in control.
- Joined
- Dec 3, 2017
- Messages
- 23,669
Just got in the cans of roast beef, that were about $3.25 a can. Husband asked, "Is that a good price?" Told him the same sized can at Krogers was $7.99. I'll be doing the next shop at Aldi on Tuesday. Will buy whatever they have in canned chicken. Went into Walgreens today and found some canned hams for $3 a piece, bought all 4 of them.
I've bought that roast beef from Sam's, Butterfield?! It's good, nice meat!
- Joined
- Dec 3, 2017
- Messages
- 23,669
Yep Butterfield. Saw it on Sams online for about $12 something a 4 pack. When they're out, I bet it's repriced higher. That's what I think about the canned hams today. Anybody remember when they used to sell the really big canned hams? Haven't seen one of those in forever.
I was watching Vice Grips Garage on YouTube and Derek mentioned Coker Tire, a preproduction company that makes old style tires and wheels for classic cars and motorcycles. When I went to their website, thinking I may need some new wheels and tires eventually for the old vehicles, and the first flashy box on the webpage had a notice about price increases for 2022. Here is the bulk of the information with a link below.
"Our costs have risen substantially in the past 12 months, far outpacing anything we’ve passed on to our customers. Raw material prices, freight costs, and labor rates are all on the rise. For example, the overall rubber and plastics commodities index has risen more than 20% through the year, with key materials ranging from 7% to over 50%. Steel commodities have risen anywhere from 60% to more than 250%, depending on the index. Additionally, Ocean Freight and domestic shipping is up, with more increases expected this year. These factors directly impact our manufacturing process and increase our production costs, well beyond a threshold that we can absorb.
Due to the circumstances listed above, our product lines will see between 5% and 25% increases."
https://www.cokertire.com/pricing-update
"Our costs have risen substantially in the past 12 months, far outpacing anything we’ve passed on to our customers. Raw material prices, freight costs, and labor rates are all on the rise. For example, the overall rubber and plastics commodities index has risen more than 20% through the year, with key materials ranging from 7% to over 50%. Steel commodities have risen anywhere from 60% to more than 250%, depending on the index. Additionally, Ocean Freight and domestic shipping is up, with more increases expected this year. These factors directly impact our manufacturing process and increase our production costs, well beyond a threshold that we can absorb.
Due to the circumstances listed above, our product lines will see between 5% and 25% increases."
https://www.cokertire.com/pricing-update
https://www.zerohedge.com/technolog...ama-solar-factory-amid-rising-commodity-costs
Soaring commodity prices have sent solar-grade polysilicon prices up more than 550% in the last two years. Polysilicon is a critical raw material in producing solar photovoltaic cells for panels.
Other commodity prices have risen, along with soaring labor and freight costs have added to LG's margin compression where it appears solar production has become uneconomical.
Soaring commodity prices have sent solar-grade polysilicon prices up more than 550% in the last two years. Polysilicon is a critical raw material in producing solar photovoltaic cells for panels.
Other commodity prices have risen, along with soaring labor and freight costs have added to LG's margin compression where it appears solar production has become uneconomical.
I did a couple of Frito Lay brands chips deals this morning, and when I checked the Walmart prices, they've gone up AGAIN.
I've lost count of how many times they've gone up in the last 23 months or so, a few pennies at a time (it's insidious).
Example: 18 count packages of snack size pouches (usually 1 oz per pouch)
Before covid - $5.98
Today - $9.98
If they go up again, they will have doubled in price in 2 years.
I've lost count of how many times they've gone up in the last 23 months or so, a few pennies at a time (it's insidious).
Example: 18 count packages of snack size pouches (usually 1 oz per pouch)
Before covid - $5.98
Today - $9.98
If they go up again, they will have doubled in price in 2 years.
Last I heard which was nearly a month ago??? was US currently has highest inflation rate in 40 years.
As we were in town yesterday, my wife told me that the price of a can of Progresso soup had gone from just under $2.00 six days ago to $3.99 for the same kind of soup yesterday. Since this Covid thing started, we've seen many things more than double in price, sad thing for starting preppers but they will be paying a lot more than a lot of us did to get to where we are. We have been hearing from knowledgable economists that we should be taking most of our money out of our banks, except for enough to pay bills, it may not be said but there may be some thinking that there is going to be a run on the banks if the Powers That Be do here what they have done to the truckers in Canada, it would certainly be prudent to consider this, Greg Hunter has frequently mentioned paying off debt, getting new tires for your vehicles, important repairs taken care off and stock up on odds and ends of parts for repairs that you can do around the house. Do things while we still can because from my perspective, we're coming down to the end of a lot of things we once took for granted. What's not being made here in the U.S.A. anymore is frightening, especially in consideration that it's now coming from what could be our worst enemy.
What store? Your post made me very curious, so I checked my records.
In May 2021, Amazon had some big sales on Progresso soup, as low as $1.11 a can. My price comparison shows that it was $1.68 a can at Walmart at that time.
I just checked Walmart- it's gone up to $1.98 a can there, and there are no sales at Amazon.
Amazon has had some decent sales on some of the Campbell's in the past few weeks, though. "Decent" being a relative term.
Before Covid, Walmart's prices on most condensed soup varieties was $1.48, and Amazon would put it on sale for less than half that.
Now, Walmart's price is $1.72, and Amazon has only gone as low as $1.03
Before Covid, Walmart's prices on Campbell's Chunky soup was $1.78, and Amazon would put it on sale for around $1, give or take a few pennies.
Now, Walmart's price is $1.98, and the lowest sale price I've seen at Amazon recently was $1.29.
I like that you have these prices recorded and can pull them out of the hat with the blink of an eye. It's helpful to see just which products are increasing in price and where.
- Joined
- Dec 8, 2017
- Messages
- 8,813
I went to Aldi....
Club sized TP package up $2 to $18.99
Wild Rice this fall was $1.39, then this winter $1.69, and now $1.99
I looked at gas can prices (5 gal) and the cheapest I could find was at a farm store for $19.99.
5 gallon plastic water bottle that I bought last year at $6 is today $11.86 at WM.
A package of 525 22LR ammo is now $39.94. At least they had some in stock, but I passed at that price.
30# propane tank was $99.99. Just 2 years ago, I bought the 100# tank for that.
The money savers are gettin' their arses kicked right now.
Club sized TP package up $2 to $18.99
Wild Rice this fall was $1.39, then this winter $1.69, and now $1.99
I looked at gas can prices (5 gal) and the cheapest I could find was at a farm store for $19.99.
5 gallon plastic water bottle that I bought last year at $6 is today $11.86 at WM.
A package of 525 22LR ammo is now $39.94. At least they had some in stock, but I passed at that price.
30# propane tank was $99.99. Just 2 years ago, I bought the 100# tank for that.
The money savers are gettin' their arses kicked right now.
My grocery has sales on both progresso and campbells. I got progresso for $1 a can if you bought 10 at a time (I bought 20 lol)
Campbells was down to 88 cents each if you bought 8 (I bought 24 since I use it in cooking)
Also have many cans of walmart brand of cream of soups. they're still less than a dollar each here (forget the price right now)
Campbells was down to 88 cents each if you bought 8 (I bought 24 since I use it in cooking)
Also have many cans of walmart brand of cream of soups. they're still less than a dollar each here (forget the price right now)
- Joined
- Dec 3, 2017
- Messages
- 23,669
Angie...try Lowes for the 5 gallon water bottle. They are usually by the cashier, on the way out the door. I think maybe a bit cheaper than Walmart.
I had to start doing that to save time when posting the deals.
I was posting 20 - 40 grocery deals a day, sometimes more, when I realized that the same Amazon deals were coming back over and over, I got tired of doing the same math again and again, so I started keeping records of everything.
Now, as often as not, I just have to c/p the deal into the grocery category, since I already have it. This worked especially well, when the store prices only occasionally changed. They had stayed stable for a long time.
After Covid hit, more and more store prices were suddenly going up. That's when I started notating the price increases.
It may sound like I'm putting a lot more time into it than I am, but I have it down to a science.
You can see from the image that I have dozens of documents with the deals. Each document has hundreds of deals. This means I have a constant record of thousands of store prices.
(And it's time for me to split some more documents into 2 or 3 or more, some of the brands in some of those documents are trying to take over, and they get bulky).
Attachments
Last edited:
I used to get deals like that at Albertsons, before they closed down. I would stack coupons on the multibuy deals and I forget the other ways you could stack more discounts (that was back in the extreme couponing days), but I would end up with $100 worth of groceries for $5 or $10.
Now, the only choices in Wichita Falls are Sams, Walmart, and United. United is way overpriced on everything.
But since I no longer have transportation to go anywhere, I do the online order thing for Sams and Walmart and my brother picks up my orders on his way home from work.
I only get the perishables from those, though. I still get all the shelf stable foods, pet food, household essentials, otc meds etc from Amazon.
An example, what I ordered yesterday.
I was almost out of Naproxen, and I have to have that, I get so crippled I can't get around sometimes. I thought I might have to get some from Walmart before I caught the right sale, but Amazon has the most fantastic sales on otc meds ALL the time, the one yesterday was timely because it included naproxen.
I ordered GoodSense Naproxen Sodium Tablets 220 mg, 400 Count for $9.85
Walmart has the 220 mg 300 Count Equate brand for $11.52
You can see the difference in price!
BTW, GoodSense and Equate are both made by the same private label company. They are completely identical except for the label glued to the bottles.
You know way back in the 80's a stockboy at a grocery store I used to go to told me the same thing about their store brand pastas. They were made at the same factory as the name brand but just had a different label.
Thats when I started buying the store brands of foods
Ah the 80's when I was young and uninformed about so much
- Joined
- Dec 8, 2017
- Messages
- 8,813
Good to know......I never really thought about that. I actually was just down the isle looking for something else and noticed the price. The only ones they had left were dented or the caps were missing. Thankfully I bought mine when they were $5. I don't need any more. However, they had 2 gallon watering cans on clearance for $1.50. I thought that was weird since it's a spring item, but I bought 4 of them, which is all I had room for. They could come in handy if transporting any liquids. Plus, I generally leave them by the garden in the summer anyways.
That reminds me that I found some pretty good deals on the clearance shelves at Home Depot. I found some really good deals the last time I was there as well, so now I pop in there if I'm in town just to browse their end cap clearance racks.
I went to several stores yesteday and noticed that almost all of them have wider isles than they did before, so clearly they are eliminating shelving units. At one of the big grocery stores, I noticed they had a sale on chunk cheese.....3 for $5. BUT, some of the store brand cheese blocks were 7 oz instead of the regular 8 oz.
Now, they're messin' with my recipes!! You also now HAVE to buy 3 of the item to get the sale price, whereas before you would get the price no matter how many you bought. I also noticed some stores had big holes in the pasta isle (WM) and others were fine. Also, all of the items were back in stock at Aldi that were missing last week, but I went to a different Aldi store as well. WM was still missing the 10# chicken bags, but aside from that and the pasta, everything else seemed pretty well stocked.
I picked up a 30# propane tank on the way home and the propane dept. was busy as all heck! I got the last fill. Their tank ran dry..... I feel kinda bad getting the last one, but I saved just enough space on my way home to fit the tank. I wanted an extra extra tank for the camper.......and clearly it ain't gonna get any cheaper than it is today.
- Joined
- Dec 8, 2017
- Messages
- 8,813
Yup, fun times! Ignorance is bliss.Ah the 80's when I was young and uninformed about so much
I miss the 80's.
He was on the right track but not completely correct. *Some* store brand products are made by the name brand companies, but *most* are made by private label companies.
Example of name brand:
Store brand trash bags are made by the Glad company.
Example of private labels:
Store brands of baby formulas and OTC meds are both made by Perrigo Nutritionals
One way to find out which branded company makes certain types of store brands is to look at lists of recalls. E.g., you'll see when packaged salad is recalled, the list will include Dole and a long list of store brands.
The other thing about store brands... they might be made by the same company but they are unlikely to use the same formula to make the store brand. Soft drink companies can several different labels but only one is the formula for Coke or Pepsi.
CCI was one of two American companies making 22RF ammo. When Remington stopped they were the only manufacturer in the USA. It was not all the same ammo. I believe Remington is back and there are two or three new guys on the block.
CCI was one of two American companies making 22RF ammo. When Remington stopped they were the only manufacturer in the USA. It was not all the same ammo. I believe Remington is back and there are two or three new guys on the block.
That is 100% correct.
