We said it was happening {Go Deep}, and it is. Last month CTH put the preparation window at 60 days +/- depending on region. That window is now around 30 days before the next spike in inflation shows up from cumulative costs snowballing throughout the supply chain. The “producer price index” is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate and Final.
The final product inflation rate in July (reported in August) was alarming at 7.8%. However, we warned it would get worse. The Bureau of Labor and Statistics (BLS) then released stunning price data for October [DATA Here], showing an even more dramatic 8.6% price increase in final demand. More intense warnings shared.
Today, we get the November BLS Result [DATA Here], and unfortunately the results are showing what was expected. The cumulative costs of massive increases in energy prices are building into the supply at an astonishing rate. The November data shows a rate of wholesale final goods inflation at 9.6%, the largest single month comparative rate increase in history.
The bureau even went back and revised/increased the August price index from 7.8 to 8.4 percent, and revised/increased the October figure from 8.6 to 8.8 percent. The average monthly price increase is almost a full percent… every month. It looks like the BLS backward revisions are an attempt to smooth down the rate of increase.
(BLS) – “The Producer Price Index for final demand increased 0.8 percent in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.6 percent in each of the 3 prior months. (See table A.) On an unadjusted basis, the final demand index rose 9.6 percent for the 12 months ended in November, the largest advance since 12-month data were first calculated in November 2010.” (more)
I modified Table A (final demand product pricing), taking out some of the noise to make it a little easier to see the big picture of what is happening.
When you see the wholesale level of prices almost double the increase in consumer level inflation rate, you can predict that consumer prices will likely go even higher. Future finished goods, at a retail level, will carry the current wholesale price increase.
Stuff costs a lot now… and because the inbound stuff to make the finished goods is still climbing in price…. stuff is about to cost even more. You can see this in the inflation rate of intermediate goods which I have highlighted below.
You can see from Table A (above) that finished good prices are still climbing. That’s the higher price inflation you are feeling when you buy a product.
More alarming is to look at the “intermediate demand” products [Table B below] as they flow through the manufacturing system. Two types of products are at the intermediate wholesale level: Processed Goods, and Unprocessed goods.
I have again modified Table B (above) to remove the noise. Notice two key aspects:
(1) Prices for both types of products are still climbing in the manufacturing process. Compare August, Sept., Oct., and now November, noticing how the prices are still climbing. Some of that has to do with energy and fuel costs still climbing. The increasing price for gasoline is built into each part of the transportation process.
(2) Notice the scale of the increase in the prices from prior months. The trend line is not leveling off, instead it’s doing the opposite. The rate of inflationary climb (price increase), at the intermediate level of goods coming into the system, is getting even more steep. The stuff coming into the manufacturing process is not only costing more, it is costing much more than before.
The wholesale prices of products into the system that end up at the retail level are still through the roof. In a major way, this is being driven by massive increases in energy costs throughout the entire supply chain.
This is going to get even uglier. Even if wages jumped in price 5% overnight (single month), which would be a large increase in wages, those wage increases are nowhere near enough to deal with this level of price increase at a consumer level. A nickel more per dollar earned is futile against a loaf of bread costing $1 more, or gasoline at $4.00/gal.
Do what you can now to start preparing your weekly budget in ways you may not have thought about before. Shop sales, use coupons, look for discounts and products that can be reformulated into multiple meals or multiple uses. Shelf-stable food products that can be muti-purposed with proteins is a good start.
Consider purchasing the raw materials for cleaning products, and reformulate them yourself to avoid these massive increases in petroleum costs.
Remember, when inflation hits like this, you can NATURALLY expect an eventual demand side response. People will stop purchasing things, because those things are just too expensive. When that happens, the inflationary spike can/will start to level off as the demand slows and excess inventory builds, albeit with higher prices built into the unaffordable existing inventory.
Unfortunately this drop in demand, a contraction in the economy, is what’s known as a recession. That leads to layoffs and unemployment, which only exacerbates the problems and puts downward pressure on wages – while the prices remain high.
Joe Biden spending more to try and subsidize people through this inflationary economic cycle only makes things worse for the middle class. More spending results in more inflation, which requires more subsidy, which requires more spending, which creases more inflation.
Your goal is to prepare yourself and your family for that moment when the economy starts contracting – yet prices remain high. If you can avoid future expenses by taking action before the highest prices hit, you will be in a better position. Be proactive with your household maintenance, and think about things that normally hit your monthly budget unexpectedly.
Try to avoid any unexpected expenses your memory provides you, by doing what you can do now.
Act or be acted upon.
Protect your family. Even if, heck, especially if, your kids or grandkids cannot see what is coming. Prepare yourself to help them even if they don’t know, or won’t admit, they will need the help. Be wise in your counsel, but do not alarm. Do not distress yourself with dark imaginings. Fellowship is not only needed, it is critical.
It is empowering to be prepared for the storms of life, just as it is to be prepared in advance of storms from weather.
We will soon discover who is too big to fail.
Or too small to survive.
“Your goal is to prepare yourself and your family for that moment when the economy starts contracting yet prices remain high. If you can avoid future expenses by taking action before the highest prices hit, you will be in a better position. Be proactive with your household maintenance and think about things that normally hit your monthly budget unexpectedly.“
Very good advice!
Damn! I suppose I should replace the water heater . . . .
This is by design. The “Great Reset” includes strategies deliberately designed to make people, at least those of us who are not wealthy oligarchs, poorer. The climate-change left has been talking about de-growth and/or de-industrialization for a long time now. They intend to limit consumption by making things more expensive and by making average citizens poorer. They believe that limiting growth will be a way of halting or slowing climate change. Deliberately inducing inflation is a way of accomplishing this. The question is—how do we stop it when UniParty/RINOs are willing to help the hard-left Democrats accomplish their goals?
And when they’ve destroyed everyone’s lives they STILL won’t have figured out that ‘climate change’ is a hoax.
If everyone understood the code wording “climate change” actual stands for making sure the masses never squander oil again, you would get a better picture of what’s happening. It was never truly and industrial revolution..it was an oil revolution. ALL of modern society depends upon oil and the elite truly believe we are going to run out. They wish to strip away all societies that use it extensively like, well, the USA. Lowering our population ( demand) and forcing us to live on wood, stone and metal only through “climate change “ rules enables the elite class of humans to enjoy the best this world has to offer MUCH longer. But, in our favor, since they don’t believe in God and EVERYTHING belongs to Him, they won’t succeed.
If it is about climate change and limiting consumption/manufacturing, why do they never try to limit the obscene waste caused by planned obsolesence ?
Planned obsolescence is entirely about money. Once you have enough money, you have power. Once you have power, nasty stuff no longer happens to you no matter what. Everything is a reaction to fear.
Or why do they keep buying beachfront property?
My favorite…if it’s about climate change, then why is it okay to have things manufactured across the world, then use fossil fuels to bring it to you. And sometimes even send raw materials across the world for cheap labor and then more fossil fuel used to bring it back to you again as finished product. It’s not about climate change/carbon footprint. It’s all about what lines the big shots pockets.
G.H….
THAT is the Trillion $ question.
In large part, it is by this Uniparty action, that they have secured their position against any organised effort, by US, to dislodge them from power.
Best I can offer is this; THEY, the Collectivist/Globalists NEVER could have got to where they are, if WE hadn’t been oblivious to what they were doing.
Lets face it, looking at them, now that we see the strings, these people ARE evil, but they are NOT geniuses, or even particularly smart.
And now, and more and more every day, WE are seeing the strings , we not only SEE their manipulations, but can anticipate their next moves.
So much of their strategy and tactics, is utterly dependant on us being so caught up in our daily lives, that we don’t notice.
And now we do, and the WE is getting bigger every day.
And THAT, for me is where mu hope resides,..
Yes, and a bought and paid for propagandist MSM.
Add to the fact that the majority of humans have the intellect of a sheep.
Cheers!
Right on, Garrison!
But as painful as this is, they can’t stop inspiring music, one of our last bastions of hope!
Maybe Music Breath is one of God’s greatest gifts to His Creation.
He is the ultimate singer of all songs!
Maybe it will be time for a good old fashioned siege. When the politicians gather in state capitols/DC we can surround them and let no one out and let nothing in. What’s good for the goose…
THEY would gun you down with A 10 Warthogs, Apache Helos or C130 gunships.
Ever see those in action ?
They shred tanks and trucks not to mention people.
Ask the Iraqis how that turned out.
A few of those let loose and the seige would be over quite soon.
Gotta do it the Afghan way.
Park a million cars on the roads, and everybody go back home. It would take days to clear the roads. The local population would take care of everything else.
Every purchase is a decision as to if it is really needed or not. If people will do that they will see that things that are “necessities” today aren’t really as important as they think.
Cheers, short term debt may be the biggest challenge for the younger ones.
Many have only known very cheap money…car loans at 0%… 5 year fixed mortgages here in Canada at 1.60% to 1.90%
Stunning really, just a year ago one could by one of our Big bank stocks at approx 30% less than today’s close..a year ago the stock paid a dividend of a little over 6%.
Incredible!
Every raise and bonus we have given to our employees this past year is GONE WITH THE BRANDON INFLATION PROJECT !!
FNBrandon wants to collapse our nation …………. communism here we come………………
We have raised wages immensely this year just to find workers, but their real wages are lower than prior to the covid hysteria and nobody is happy with how much things cost.
My employer (Lone Star College in Texas) is giving me a 2% raise! My purchasing power is now lower than when I was hired 16 years ago. 🙁
The raise pool at the major Midwest university I work at has been 3% or less since I started working there in 2014. I feel your pain.
Yep, but car dealers and realtors near us here in Southern British British Columbia are making stratospheric incomes.
Useless realtors made $250,000
GMs at auto dealers..$250,000 to $300,000.
Very wealthy, and very poor will be the norm within a decade if things are not reversed.
My local university was giving professors a 5% raise. Then they learned that some people in administration were getting 20% to 30%. This is going to get interesting. The administration said their raises were due to changes in responsibility that required higher pay. Uh huh. Sure. Whatever.
Meanwhile, our dear friend the Fed sits on their keesters and hints at perhaps raising interest rates. Even then maybe a quarter or half a percent. This ain’t gonna cut it and will just prolong and increase the pain of the fight ahead. Good luck everyone!
The mortgage rate should be 8-9% rather that 2-3%. That would slow the housing market.
Is this the ghost of Paul Volcker?
How does raising interest rates effect the artificial shortage of oil created by Biden’s pipeline and drilling policies which caused the inflation?
Agree, a 1/4 or 1/2 point will have no effect, but any meaningful, effective rate will crash the stock market, which has been inflated beyond sense, only BECAUSE of the low interest rate.
And such a crash would cause IRA’s paper values to crash, as happened in 2008.
“Damned if they DO, Damned if they Don’t” position, that a few wise and therefore ignored voices, have been pointing out, for YEARS.
Beyond that, I believe the idiots (“experts”?) will cling tenasciously to this fantasy monetary policy, that the government creates $, and can create any amount without limit, with no downside.
The Bidenistas will insist, the worse it gets, that BBB is THE ANSWER, to breaking the inflation cycle.
I really wondervif this is not THE recipe, for true hyperinflation?
While the CC idiocy insists there is a “tipping point” after which global temps are out of control and we all die (eyeroll) there really IS a tipping point with economics, for hyperinflation, and the mindset that government can print $ to get out of inflation, sure seems to point in that direction.
This is getting me closer to earning a million bucks a year!!!!
And I’m only a clerk!
But you feel happy, you can now afford a $100,000 car, that you couldn’t before ,even though it is just a VW Beetle. And now you can but $1,000 suits.
I’m more concerned about taking a wheelburrow full of cash, to buy a loaf of bread, and when it won’t fit through the bakery door, leaving it outside cause the millions of $, isn’t worth stealing,…know what I mean?
Cash doesn’t even work as toilet paper,…
With annual property tax appraisals going up and up and up, I’ll eventually be living in a million dollar home!
Perhaps a million dollar mobile home.
Another way to make home ownership a thing of the past. Make property taxes astronomically high so that people can’t afford to pay them.
Everybody will live in multi-family housing in the ‘hood.
👍
Ahhhhh…that’s what the Soviets did to their people. Most were moved into the cities.
Commies love cities, duh people corralled into cages.
It’s what they want here!
The Soviets put multiple families in the same new apartment.
Damn. I’m still a thousandaire. So life didn’t go as I planned. Thankfully.
The items in this calculation are not tax-deductible so they must be purchased with after-tax dollars. The true loss in purchasing power hasn’t been seen since the Nixon price controls and the Carter Administration’s total incompetence. We’re only 11 months into Obama Three’s 48 month term. Is the total destruction of private capital the goal?
Destruction most assuredly.
The decadent class is going to have to really ramp up their election stealing game to handle the upcoming revolt.
Man your harpoons!
Never underestimate the treachery of the Republicans to stab their voters in the back
What did those of us with some knowledge expect from this administration?
Kinda knew it was coming because we knew the elites hate the “common peasants.”
In God’s sight, we are not mere peasants.
We are a people of truth willing to stand up to our day’s bourgeois in whatever way we can.
If we do our common sense part, I have no doubt, our God will help us through this fire of a mess.
POTUS DJT and others have said, never give up.
Sundance, correct about preparations!
And fellowship which we have here.
But you are also right about not letting dark imaginations cloud our minds. Those are soul-killing.
We may not be blood family here, but we are family in God’s eyes and all of our hearts are pretty much together.
We are a body of truth and friendship here that no devil or demon in hell can break.
Thank all of you who participate in this monumental conversation!
You are so right. This is what I call the Fellowship of the Tree House. I feel a strong kinship to all those who come here to share their experience, strength and hope. God bless Sundance and his crew for providing us with the Last Refuge!
Amen to that, Seneca!
I love my Treeper Family.
Yes!
Seneca:
I have rare few blood family members I am close to, excepting two.
I know we are “only online friends here.”
But I feel and sense a deeper communication with some here more than some blood family!
Well, apparently you’re one of those and I appreciate you and many here.
And yes, I do believe God worked His will in Sundance to get this thing started in the first place, long before I ever signed on and joined!
Confession: long time lurker. Was just involved in other areas of life.
But not too long ago, a good close friend texted me and said I needed to read that day’s open thread. About a couple months ago.
I have a growing love for all of you here.
OMG, it was like they were having real church fellowship over there.
I thought, man, I need to join that wonderful congregation of genuine love and truth.
So because of that, here I am with the rest of you.
I’ve said this before here of late…
We are on this ship together.
Not the Titanic.
The Ship of hope, love and trust in God’s higher will…together in all our many branches and limbs.
Glad I am now with all of you here.
Call it a sequoia or redwood. Either way, it is a huge, towering tree that God has blessed!
Well said. Glad you’re here. Glad I’m here too. CTH has the best content, is extremely well written and researched, and its commenters are super well-informed. I have learned more here in the past year or two than I had in decades before. Best real news source on the planet.
Completely agree! 👍
Absolutely.
Beautifully said and I’m with you on this journey
I have to confess, it takes a lot for a hardened soldier to break down in tears, but the more I read here, the more I love and appreciate all of you.
Emotional or not, basically we are one heart together here.
I have found my fav congregation here if you know what I mean.
This is my #1 go to place every morning!
Beautiful commentary. Many thanks for saying what I think is in our hearts.
👍👍👍
You write like someone I used to know on another site. Angelle?
Others have said that too.
I know who you are talking about. A few years ago.
I hope he’s okay. Hasn’t been anywhere around for awhile.
But as I read here, there are many similar opinions and syntactic thoughts of conservative thought.
I read you and others and think, some of these people are saying the same thing in similar syntax, but realize there are many here who write in the same language and conservative thought.
This name is 46 years old.
Well, I wish both of you well, and may the joy of the season be with you both.
Good grief, yes – but no so much joy that it dominates the threads with nonsense.
Thank you. Same back to you!
As a long time lurker, there are some other names I don’t see anymore.
Gunny66, GC who used to write the prayer, others like ren. I do remember his/her military salutes on early am salutes after ren’s letter to Barr. I saved most of them on a thumb drive.
I hope they are okay. I wonder.
Probably should have signed on here a long time ago.
I do remember that person signing shalom often.
Once in awhile, rarely, maybe only once, I did in the one article AT published under this name.
It means peace.
So be it to you and yours this Christmas season.
I wouldn’t be here had not a close friend texted me to read the open thread a couple of months ago.
It moved me. It was like real church without the hypocrisy. New names, but some really good stuff.
I didn’t want to get involved in any social site, but that day’s CTH open thread changed my mind.
I love the camaraderie and common sensible thought here and being part of something that encourages others here, which is what my friend pressed me to do.
Again, great Merry Christmas to you and yours though I have no idea who you and many here are.
Doesn’t matter. Just honest thought that connects.
God bless us all.
One of the many things you both have in common is using the term “me thinks.”
The real Old English word is “methinks.” One word. It is not commonly used now, but below is the most common use from Shakespeare:
“Methinks the lady doth protest too much.”
Thank you Seneca for reminding us of the fellowship here. It sustains me in ways that I cannot express (much like Menageries’ recipe and fun holiday sharing). The frustration is that there are answers and solutions but they will never be explored or implemented – and most are just common sense.
👍
Your words of encouragement are very much appreciated. It is difficult not to go down the dark tunnel of worry and anxiety, not so much for me at my age, but for the lives of my children and future grandchildren. It is also extremely difficult not to hate those responsible for taking this formidable republic of freedom and American Exceptionalism and driving it down the highway to Hell and Marxism/Totalitarianism/Socialism/Communism. (Whatever your term du jour is) I know we are in God’s hands and he is mighty, which is of comfort along with the kinship and camaraderie I find here.
Thank you for your reply.
It has blessed me today.
No wonder I was moved to sign on and be part of the great heart of camaraderie here.
You are one more voice that confirms my decision to join the rest of you here in this treehouse of fellowship and communion of like hearts!
We are to hate evil, but we cannot let that consume us and suck our breath out.
👍👍👍
Indeed. Ive been lurking this site for years, now I contribute a little.
If there is a bright side, live more for the moment. Enjoy now what may be taken away later, or be unavailable or too expensive. Learn to eschew a materialistic mindset. Honor G-d, and the blessings that you have. Value time spent with people and family more than time spent with things. Avoid dark thoughts, as they are not going to get you through this.
And keep a sense of humor:
Buy your skinny jeans now for a size or two smaller. Dont worry, the Biden cabal will help you with that new year’s resolution.
Thank you.
Even Jesus said take no thought for tomorrow for sufficient is the evil of today.
Having said that, I don’t think He was saying not to have some preparations ahead.
He wouldn’t have told His disciples to sell their coats and buy a sword. He was preparing them to be able to defend themselves in their future. Same today.
We live in a world in which we need to make sure our affairs are in order as best as we can prepare.
He was just saying basically, don’t let fear of “tomorrow” overwhelm you.
Do what you can and be prepared.
That is the great thrust of Sundance’s article.
PS: And yes about your statement of being a materialistic mind! 👍
Great post, we are okay financially as decades of prudence are paying off, and growing up poor in Scotland.
Our Spiritual growth has increased ten fold since being “ guided” to these pages.
Thank you all.
So glad to be a part of the heart of all of you no matter where all of you live.
My last experience in Canada was great. 1977
We are all together an independent spirit and heart of faith that no evil thing will be able to divide between us, in Canada, America, Australia, etc.
We are one in determination to present truth, and if need be, die for it.
I’d rather live for it, but willing for…whatever comes.
God bless you. D!
Btw: I love Scotland.
I do real estate investment files for some friends. Got a couple of some old, magnificent castles there. I mean old, but renovated with electricity and all the goods.
I love Scotland and Ireland for their beautiful green!
Cheers!
👍
In the middle of a renovation of an old house progress is slow as we are paying as we go and don’t need to live in it or have a mortgage. Would you recommend trying to buy appliances ahead ( won’t need for 6-8 months? Would you recommend buying paint for future as well?
Paint has a shelf life.
If it was me, I’d get the appliances and hold off on the paint.
That’s true. But paint can last a long time if stored in optimum temperatures.
Yep, up to ten years.
Buy a neutral color (white/ off-white), the paint will probably last longer then your color choice. 😁
You can always tint it yourself.
Always check the ‘wrong color’ shelf for cheap paint.
Paint stores used to call them, “mis-tints”.
Oh gosh, showing your age with me. That term. “mis-tints.” But hey, you could get a deal! 😁
Lol! But you are absolutely correct. Sounds like you know paint! 👍
Actually, agree on paint, and with appliances would strongly reccomend USED, and OLDER.
Do your research, but manybof the new, 5 star rated appliances don’t DO what it is they are SUPPOSED to do, and what you buy them to do, for sh*t.
Clotheswashers that don’t give you clean clothes, because the rince cycle is so stingy, to “save water”, etc.
I have a refrigerator that is probably 15 years old, if I set the dial at more than 3, stuff in thecrefrigerator section freezes!
Also have an older full size freeser, it works great.
Dishwasher as well.
If you ARE going to go “new”, and live near a big city, look for “Used building materials” stores.
They are kind of like “thrift stores” that get building materials, and appliances “left over” from construction projects.
I recently bought a fireplace, would retail for $2100, for $350.
They have hot water heaters, sinks, plumbing fixtures, joists, just about everything.
Good advice!
Have a family member doing the same thing.
That family member would answer both of your questions with a big yes…that is, if you are able to do that…then do.
Oh my giddy aunt YES!!!!!!!!!!!!!!!
Okay Betsy, you’re having waaaaay too much fun here. 😁
What do you earn on money in the bank. What are the probabilities of these items being less expensive in 6 months.
Thanks dear Treepers! Good advice as always 🙂
Plus, many hardware stores will offer buy one get one on gallon paint. Summer of covid I painted our house with 10 gallons paying just for 5 gallons. So, watch for those sales!
We did not get that deal. All they offered us was 50% off.
Gee … I’m earning a massive zero point five percent on every dollar in my Capital One “Bonus Savings Account”. Be still, my heart ….
47Yinzer: No bank pays a decent rate on deposit accounts, but, at least small banks might know who you are and provide better service, with less resources to rob you blind. I’d ditch Capital One and go small and local.
Paint prices rose 9% last August, another 4-5% this February. Raw materials to produce paint are getting more expensive and paint products are getting scarcer. Buy it now if you can. I’m trying to get a gallon of a special acrylic paint (Sherwin-Williams) that I need for touch up on a camper. Local store is searching for what was an easy purchase a few years ago. This particular paint wasn’t cheap then and they won’t quote me a price now, I’ll just have to wait and see what it costs when (or if) it becomes available.
I purchased a stacked washer dryer unit for $599 in 2006. Now it’s 15+ years old and just developed a squeak. I hope it’s just bearings and can be repaired reasonably because I priced new units and they’re over $1300 and rising. According to a Lowe’s employee, “better buy now because the longer you wait, the more expensive it’ll be”.
Our dryer is mighty old. It too developed a squeak, so I looked into buying a new one and decided to first have an appliance repairman have a look. He quoted me $225 for parts and labor. That is the route we went, and the dryer is working just fine.
We always call that “make do and mend”. A philosophy that so far has served us well.
I’m hoping for an outcome like that. A friend tried to get a stove repaired, repairman told her it was so old (12 years) they couldn’t get parts anymore and that she’d better just buy a new one.
Don’t take that answer as final. Find out the part you need and get the OEM number. Enter the model number at a place like RepairClinic.com and find what you need. Then search eBay and Amazon. There are sellers on both that specialize in obsolete parts. It is my specialty but mine is industrial machines.
You will surprised to find that if you do a Google search for your appliance with the symptoms you will find that many people probably have the same problem, have already fixed it, and know what it takes.
Make friends with someone that is a pretty good mechanic and have a repair party. $50/hour plus Munchies and a six-pack for after is acceptable. Offer a barter if you have a skill. I would help repair two or three appliances to get my taxes done. You can find out how to fix almost any appliance by searching YouTube.
Appliances used to be hard to repair. Almost everything in the last 20 years are modular with assemblies instead of individual parts. Good news is that repairs are generally plug and play. Bad news is assemblies of parts are more expensive. The hardest part is getting inside and then putting the covers back together. When they are assembled at the factory they are held in great big vises that hold all of the outside parts in position while the screws are installed. You do not have one of those vises. There may be a lot of grunting and squeezing to get the holes to line up. In the end, you may decide that that last screw is not really necessary anyway.
I hope she will take your advice to heart.
You’re right.
I have old appliances that perform the duties I need them to do.
It’s kinda like restoring an old car. There’s plenty of resources to get it done, and I mean down to the bakelight knobs on a 1937 Ford.
Stuff is out there.
New stoves require electricity to operate. Power out? Gas on stove won’t come on. I fixed that problem. In 2005 I bought an old Wedgwood Holly stove ($45) and have used it since. Not only does it work with our without power, it has a built in rotisserie, and the back left burner has an oven knob – meaning I can control the heat from the flame. Best stove I have ever had!
And the oven keeps perfect temperature unlike the newer ones that never seem to keep the right temperature.
We use bailing wire….and 3 in 1 oil…fixes everything.
Oklahoma law:
Duct tape can almost hold everything together. 😁
I am turning 70 in February and my folks were WWII and depression era kids. Dad a WWII veteran. His Dad had an old saying that still rings true….use it up, wear it out, make it do or do without. They taught us to live within our means….the Lord tells us that the borrower is servant to the lender. Just a couple of nuggets to encourage you as we all face the attack from the evil one on our world. Just remember…we know how it all ends and we are on the right side of history. Merry Christmas to all!
I’m close to you.
Sounds like we had the same Dad.
Great Merry Christmas to you and all yours!
…On the right side of history!
Frankly, ANOTHER reason I like the older appliances, is if they are pre-computer control, and IF you are handy, you can usually fix them yourself.
And, if its truly “broken”, than “what do you have to LOSE” by trying to fix it, yourself?
Often its just a belt that needs to be replaced, or bearing that needs lubing.
But then, I started taking “things” apart, as a kid, just to see how they worked.
After “breaking” several ‘,things’ cause I couldn’t get them back together, my Dad pointed this out to me, and whenever anything broke, they would bring it to me.
I just try to ignore the squeak.
Get semigloss paint now if you can find it and need it
I replaced a stacked W/D in my rental unit in 2020. It was $1200 and difficult to find. I finally mail ordered the dryer from 400 miles away and got the washer local. The refrigerator was worse. I ordered it through a major retailer and they said delivery would be in 4 weeks. 3 days before the delivery I was told out of stock. I went to a local damaged freight place, bought one off the floor and had it delivered the same day. It had a scratch. Whoop de doo. It is a rental unit.
if it’s available
I’ve thought seriously about buying some appliances now, even though we don’t need them right now, and storing them in our storage building just in case. Better to pay $800 now than $2000 a couple of years from now.
Understanding economics, you are right.
Walk the aisles at the big hardware stores weekly and BOLO for a “dented” appliance… many have a dent in a place you can’t see or you can put a cover plate if on the bottom and you can get them for 60+% off.
Here is another thought which may seem counterintuitive and it depends on the rate of return you’re currently receiving on money sitting in the bank or investments.
Interest rates, especially on home equity loans, are presently low.
Rather than paying for the renovation as you go, you might want to consider financing it at a low fixed rate now and paying it back over time with inflated future dollars.
For example, during the Obama administration, I bought a new tractor.
The manufacturer was offering zero percent interest to finance and the cash price was the same.
I looked at what I was earning and compared it to the average annual inflation rate.
Rather than let inflation erode my ROI, I financed the tractor and let inflation erode the manufacturer’s profit.
We have discussed a HELoC and may go that route. Thanks!!
I’m with you Auwtsnae! Leverage at fixed rates in inflationary times isn’t a bad strategy if you have reserves to cover for the unexpected.
I been debt free for some time, but I decided to buy what my be the last new vehicles in my lifetime and on credit. I bought a new appliance at 0% as well.
They gave me $5K over book value for my trade and 0% for 36 months. I downsized in vehicle but upgraded in trim and the additional cost for the vehicle wasn’t much.
The other loan for my wife’s vehicle is 1.9% for 72 months. I would never take out a loan on such a long term in the past, but I’ll be able to pay it back with devalued currency.
All these products are going to cost a lot more in the future. I got them while I can.
Great move, use their credit system wisely nearly always pays dividends.
We have family in the auto business ( shareholder owners, GMs etc.) all the vehicles coming off the transporters and delivered to the dealerships are pre-sold.
There is no quality used units of any real value…2023 may be close to pre 2020 inventories.
May being the optimal word.
It’s difficult to get a new refridgerator in less than 9 months, these days. Ovens, laundry room appliances, hot tubs, stoves…but mabe that’s just in my community in Arizona, where new houses sit months awaiting appliances.
Even in my small semi-rural town, there’s a shop that thoroughly refurbishes appliances and sells them at fair prices. And these machines are older designs, which gives them a bonus of containing less electronics than the bloatware-laden new models at Home Depot.
.
Does anyone seriously need a dryer that fires anti-wrinkle steam jets at your clothes? Or a washer with 27 different wash/spin/water level/temp combinations? All the circuit boards and ICs that control that nonsense are prime targets for moisture-related failure. Machines built 25 years ago, especially the heavy-duty models, do not rely on such crap to operate.
We quit using a dryer 10 years ago…useless appliance. Hanging clothes is better for the environment and great excerize.
Haven’t used a dryer in 20 years. 😁
It the dryer (heat) that damages the clothes.
I’d get the appliances that is, if you can. Our deep freezer has been on its last legs for a while. Thankfully, we were able to buy a replacement a smaller unit and the last one! Home Depot is now showing May as a delivery date for the unit we bought.
yes and avoid the ones with digital controls and above all do not buy Samsung (5 year fail designed into everything made in Korea). paint only if you can decide color now and can store at steady mid range temp.
I don’t know where you are, but where I am, the local electric company does a rent to own. And the sell the repo’d stuff extremely cheap. Might try there or other rent to own places for some great stuff at basement prices.
You may not be able to buy the appliances later.
How long before the Venezuelan style hyperinflation starts? I swear the left won’t be happy until the USA is a smoking crater.
The socialists want the middle class on their knees searching the rubble for toilet paper. Much easier to control people.
Your swearing about the left is spot on!
Yep. Then they’ll take a dump in that crater to top it off.
Thats what I am thinking, too. We all know about the Wiemar Republic, and Venezuela, wondering what is the definition of hyper inflation, as opposed to high inflation?
Is it when the government starts printing new denominations for the currency eliminating 1’s, 5’s, etc and going with multiples of $1000’s?
DNC says this is a misinformation LIE! — because the increase is actually 9.7%.
That’s the way leftists operate: they lie until you can’t do anything about their insane policies, then blame you for trusting them.
Wonderful people leftists — not.
This is our ultimate test of passive timidity.
Our savings/retirements are being wiped out right before our eyes.
The left has lusted after private savings/pensions for decades. Letting inflation wipe them out is an indirect way to steal them. The devalued dollar also makes government debt devalued so essentially you wind up paying for that.
The Venezuelan Bolivar. The Zimbabwean dollar. And now comes the American buck.
No wonder they want to go to an electronic currency. They don’t want to print $1 trillion dollar bills like they did in Zimbabwe.
Yep.
Dey love adding Zeros…
If you don’t know how to cook, LEARN! Restaurants and processed foods will become prohibitively expensive. If you have any land, buy seeds Now! They will be sold out by mid-spring. If you don’t have land, consider grow tubs; the dirt needed is still “cheap as dirt”. Shop farm markets. Make friends with people who have wells and save money by paying less for city water. INNOVATE!
A few days ago, I discovered a source for grass-fed beef at $3/hanging pound. Grabbed that information and talked to the family member who was advertising it–they are my country vegetable source and I was really happy to discover other family members (2-3 of them, in fact) have beef for direct sale and butchering. Yay!
Sharon, you are showing how it is done! Pass it on to your like-minded friends. If they aren’t like minded…well I can’t print it here.
Great price. Cheapest I’ve found in Colorado is $4.75.
Got skunked on both elk and deer this year but at least I’ve got my freezers stocked with sale items. Still considering 1/4 beef though.
Just bought a side of beef for $5/lb., processed and packaged (wrapped). Grain fed Kentucky cow.
No land, no problem, check this out:
https://dailynewz365.com/people-are-using-dollar-store-laundry-baskets-as-strawberry-planters-and-its-pure-genius/
Cool! I’m going to build one of these and put a wire cage around it to keep the deer off the strawberries. Thanks for sharing!
In addition to growing in tubs, for those without land, research “aquaponics”; its infinetly scalable, from apartment living, to single home to ranch.
It yields both edible FISH and fruits and vegetables, once established requires very little water (to be added to the system)
and isn’t rocket science.
Yes, buy your seeds NOW! Some YT’s I follow have said there could be seed shortages again this year. (And when buying veggie seeds, make sure to get some flower seeds too, so you can attract pollinators). And I’ve read in several places about the rising costs of fertilizer.
Oh, and one of the best things I grew last year were potatoes. Such a good return and they last long time in pantry. You can grow them in hay bales.
Keep eye on elderly say at church and such. I’m sure COLA increases won’t keep pace. Yard work, help clean, transport where needed, etc.
Stolen elections have BIG consequences!
Those low IQ thieves in philly, atlanta, etc. sure did a number on us.
Sundance, your paragraph about the food thing and protein is spot on.
While supplies last…be smart.
You presented a lot of common sense economical wisdom in this article.
Thank you for that!
I can’t always retain (or sometimes even follow….) all of the dot-connecting Sundance does in these valuable essays. But one of the many and constant benefits is simply this….understanding a little about how the sausage is made (and lied about) does reassure me/us that we really aren’t crazy. Thank you, Sundance.
We are not imagining things. We are not conspiracy theorists. We are not fear-mongers.
For the most part, we are normal Americans who live with real budgets, real emergencies, real long-range and short-range issues, and in the midst of it all, we are willing to think and do as well as we can.
We make rational choices based on reality; our choices seldom, if ever, rise out of anger or fear.
Oh! Good common sense comment! 👍
Social Security is going up by 5.9% for 2022, BUT Medicare is going up by 14.55%. My wife and I are in pretty good shape financially, but we know others our age who are going to be in a bind next year and the next. I learned a long time ago to never depend on government for anything. Some never learned that lesson.
Uncle Sam giveth and Uncle Sam taketh away. Typical DC BS.
…and fuel for the vehicle is already up 50%; the base rate for natural gas to heat my house is up 35% (that was the first jump this month–may not be the last one)
….for those with very low SS payments, the 5.9% increase will be completely wiped out by the Medicare premium increase (which is a fixed amount for everyone)…and will put them further in the hole.
The government is purposefully inflating away social security liabilities (and public debt). Many people even those who currently feel they are financially sound may be surprised how rapidly their savings depreciate in purchasing power with double digit inflation compounded a few years.
Communist-initiated by design.
With the addition of a small upright freezer and a vacuum sealer, I’m stocked up. Thought about buying another small $220 freezer. Meat prices are so high, our local, affordable, butcher stopped displaying prices on their website. I called for prices and they said with prices changing so much, they can’t guarantee quoted prices over the phone.
Son/DIL are looking at getting a second freezer, (with mine, we already have two) they already have a generator that will support it, and are looking at obtaining a 500/Gal propane tank to support the gens. They have a group of friends (all in their 40s/50s) who are having regular group discussions about the details of gittin’ it done.
And I want you to know that these are all people in Clackamas County, OR….which is the first “rural county” on the SE edge of Multnomah County, which is Portland. Everyone in Oregon is not stupid. Everyone in Oregon is not going along. A lot of people in Oregon are preparing and are prepared in all manner of preparation.
Years ago, I knew a couple, living in an apartment. They made the room, and put a full size freezer, in their apartment.
So, just cause you live in an apartment, doesn’t mean you can’t stock a freezer.
The “what” is runaway inflation and economic chaos. The “”who” and “why” is more important:
For the benefit of China, Blackrock, Soros & the Globalists. To usher in One World Government, comrade.
Are we having fun yet? Thanks fake president.
The day is coming when the same people who laughed at preppers will be vilifying them for being greedy and looking for ways to take their supplies.
Which is why you have to be prepared to prevent them from taking the supplies. And for crying out loud, don’t run a loud generator outside where sounds can carry a very long way at night…..
….and just in case it has to be said, for crying out loud, don’t run a generator indoors either. Figure it out. Or talk to someone who has already figured it out.
generator pit. Get a shovel and get to work
Most preppers prepped for that as well.
Check out the inflation charts from Shadowstats. If using the 1980 calculation, inflation is at 15%. Plan accordingly!!!
http://www.shadowstats.com/alternate_data/inflation-charts
Still think the phrase “FJB” is too harsh ?
I think it pleases those hiding behind FJB that almost no one is calling out.
And FJBVT
Voters and Thieves
Well, “KJB”, just doesn’t work, on so many levels, so FJB, LGB and “Shove yer mandate up yer arse and take this mandate and shove it, is the best we got,…so far.
SINGING revolution, its already starting.
Let’s go Brandon.
Get out of the cities if you can while you can.
Well, I’ve done about all the prepping I can on my measly salary. I got my pitcher pump, food dehydrator, a freezer full of meat, shells to hunt, weatherized house, cars in good shape as I can afford to get them. Nothing I can do about the price of horse and chicken feed. So there is that. I can always eat the chickens, but the horses are a problem. Nobody wants them and the do-gooders have made it a crime to shoot them for food.
Other than that, here are a few ideas that some might find helpful:
I can attest that baking soda and apple cider vinegar make a great combo for cleaning the house. This works well for folks with sensitivities in any case, and makes a cheap alternative for bad times. (Plus you can cook with soda and vinegar). I used the combo to clean with when my son was a child because he was so sensitive to everything that I couldn’t use commercial cleaner like Pine Sol or Clorox. Soda and vinegar still gets it CLEAN. Put a little soda in your laundry and it gets it clean, too, and takes out the stink if you work real hard and stink up your clothes like I do and you don’t want to pay through the nose for some fancy name-brand detergent that says it takes out the stink.
For do-it-yourself types, buy your auto oil in 5 quart containers and not one quart containers. I just did oil changes on two vehicles and I bought several of those larger containers and I have enough to top them off for a year whenever the “add oil” light comes on. That saves a bundle.
Something I watched my Mom do when I was a kid in the ’70s, the last time a Demonrat led us down this rabbit hole, was to add oatmeal or stale bread and powdered onion soup mix to the meatloaf. That makes the beef go a lot longer ways. I remember casseroles, too, a lot of them. They were mostly macaroni and stewed tomatoes with other veggies. You’d have to look long and hard to find the meat. Just throwing that out there as ideas to feed hungry families. I have chickens so I have a lot of eggs. A favorite is to boil spaghetti al dente and then put it in a skillet and break two or three eggs into the spaghetti on medium high heat and stir until the eggs are scrambled. High protein eggs extended with carbohydrate spaghetti might not be the most nutritious, but it’s filling and tasty. I used to put bacon in it, too, but bacon is as expensive as steak, so, yeah, no bacon anymore. I know I’ll be using these ideas to feed my own family in these coming months.
Good luck, fellow Treepers. Put your faith in God and keep your powder dry.
“…I watched my Mom do when I was a kid in the ’70s, the last time a Demonrat led us down this rabbit hole, was to add oatmeal or stale bread and powdered onion soup mix to the meatloaf….”
I watched my Mom do that in the 50’s on the farm–so I have ALWAYS added oatmeal to the meatloaf–just because “that was my Mom’s recipe…” Funny! I’m pretty sure she did it to stretch the beef, even though we did our own butchering.
I hate meatloaf as a result of my memories. I never cooked it for my kid. I guess me and my boy will eat that or venison. I think I’ll make mine venison, LOL!
Make Shepherd’s Pie instead of meatloaf!
Sharon:During the 70s, my mom added soy filler to ground beef to help extend her budget.
Ha! Reminds me of a story.
A young women was cooking a roast for her family, and sliced about 1/2 inch, off the end.
Her daughter, watching/”helping” asked her why, and she said “I don’t know, my mom taught me to do that.
Thinking about it, she called her mom, and asked her WHY she did it.
“I don’t know, MY mom always did it” so SHE called great grandma, who laughed uproarisly.
“So it would fit in the pan, silly!” was her answer.
🙂
LOL…my mom always made rice in a pot over the stove. She would put the rice in the pot and then add water until the water reached the first knuckle of her thumb when she placed her thumb on top of the rice.
Then she would turn the heat up…let the water boil until it boiled over…and then turn the heat down to simmer
It wasn’t until several years later when I was grown and had made many of pots of rice and allowed them to boil over that my Mom told me that she was always distracted by us kids and never remembered the rice was on until it boiled over. it was definitely NOT part of the rice cooking technique…but I always thought it was.🤣
Love it.
Lived that way before in hard times.
But we made do with what we had and got by, not by riches and gold, but by some common sense and wisdom of God to know what to do in hard and trying times.
I sub to Living Traditions Homestead on YT…they did a video on entry level homesteading… basically, their suggestion was rabbits and quail b/c they are considered “pets” and can be raised even in apartment. Their video shows how in small area you can raise them without smell etc…and it’s allowable in many cities, neighborhoods as they are not considered livestock like chickens. I thought that was interesting info and I’m posting here in case it’s helpful to someone.
Ha! I thought I invented that spahetti with egg recipe back in lean times. Added Parmesan cheese, garlic, and dried parsley when we had it (pretend pesto). We called it “Spaghetti Glom.” Kids loved it.
The people behind this crises are very well prepared for it and positioned to make lots of $$$$$ out of it. They will be just fine, actually they will be super happy and wealthy.
This is another reason the MSM has been running the J6 screed over the last few days.
BTW, wasnt bidet supposed to be in KY today?
jus wundrin: He thought they meant Kentucky Fried Chicken. There’s one not too far from the White House.
Does anyone have historical information on how the CPI is calculated?
Had a conversation the other night after my hockey game (great locker room chats with post-game beers) and someone said it has been changed a several times since the Carter years to minimize the political backlash.
My teammate said if todays CPI is calculated with the basket of goods from back then, inflation is north of 18%.
I think it would be illuminating to put the CPI revisions over the years head to head….someone on here must have the chops to put it together…
You use a base year as an index point of reference.
That was the good old fashion way of economics 101.
But, since today’s government has moved the goal posts, rule of actual economics and true, actual indexs are lost.
POTUS Donald J. Trump put together one of the best economic teams ever.
Peter Navarro was one of that team. He could explain it better than me.
You have to start with a base year somewhere.
CPI has to be referenced to a base year.
It is an equation of earned value/actual cost.
Problem is that corrupt government and leftist economic academics keep exchanging real eco info to fit their narrative.
It’s like they move the goal posts to the 10 yard line so they can score a cheap touchdown without working for it in honest yards.
Nobody’s perfect, but I think PDJT’s team did the best to getting the equation right.
But for now, we’re stuck with liars and goal post movers.
Just my own opinion.
Have open ears to others here.
They make assumptions for new features, so you get “more for the money” so it is not as expensive. They also upward adjust the base as SD notes to lessen the rate of inflation. Watch for upward rolling restatements. Then, when it really bad, they will just stop publication, like they did with the money supply.
Molly Orshanski, a Polish immigrant working for Social Security, came up with the original version.
And yes, it HAS been changed several times.
Problem is, no administration wants to change it, in a way that INCREASES the # of people “in poverty”, its about OPTICS, and yet has “real world” consequences.
All part of the Great Manipulation
This is how Democrats take care of you … and boy, do they ever take care of you … just grab your knees for another treat from Joe Biden … coming soon to an emptying wallet near you.
Just ask Uncle Joe … we’ve never had it so good, so says that demented old fool.
This economic problem was caused with wanton intent. Anything our Federal government does or any of its agencies will only exacerbate the situation. The ultimate collapse and ensuing confusion is when they push the reset button. In the meantime there will be lots of diversions and of course promises to build back better.
I have a service club as a client. They’re down to 15 members (used to have 50 members when I did weekly lunches for them 5 years ago). When they had to stop renting the hall with large kitchen and s too the big lunches because of reduced membership I agreed to do weekly box lunches that they’d pick up.
I recently had to raise prices by 1/3. I told them I’d keep the old price through 2021 (tomorrow is the last lunch of the year because of the holidays).
I don’t know how long I can hold the new price. I don’t mind a narrower profit margin for a service club but everything gets more expensive by the day.
I have clients trying to plan weddings, anniversaries and other events and they keep changing their plans. Lowered expectations. Their guest lists get smaller, venues are switched to something cheaper, like a relative’s large backyard. A planned wedding lunch becomes afternoon cake, coffee and punch. I feel so bad about this and suggest cheaper alternatives whenever I can.
No one’s going to be able to afford anything soon, and that will end my business.
FJB!
Been prepping for awhile; candles, lanterns, firewood, charcoal for cooking out, canned and frozen foods; beans, rice, pasta products. Hopefully I have enough put back for the onslaught.
Don’t forget to put back enough to share with those who are still asleep and will be caught off guard.
…and also don’t forget to use much wisdom and don’t tell anyone (except close partners in the effort) how much you have on hand. You may be able to trust your friends, but there’s no reason to assume that their friends are all trustworthy.
Sharon: Seriously. Mums the word. Lay low and don’t brag. Better yet, act uninformed.
Very sound advice.
STOCKPILING is a good “first step” (as is 1000 deep staters at the bottom of the ocean) and it is helpful for a natural or man made disaster, of limited duration, such as hurricane, or 2008 economic crises.
BUT, what we are looking at is an economic crises, with no end in sight.
Like a hurricane, with NO FEMA, NO Red Cross, NO rebuilding.
Sure, STOCKPILE as step one. But THEN give serious thought to how no practical stockpile will last indefinetly, and move to step 2: self sufficiency.
GROWING your own food, generating your own energy, etc. Focus on NECCESITIES, first.
In many cases, this requires developing NEW skill sets; researching, learning, learning from others, making mistakes are all part of the process.
About the only thing we can be fairly certain of, is the coming tsunami will not end soon, and we will not be able to rely on the Government to save us.
Be VERY careful about sharing. Altruism can get you killed in a SHTF scenario. Once the zombies realize you have more than one hotdog, they will kill you for it.
Which reminds me. If you have properly prepped and have a good store of food, SPARINGLY use it. You need to look gaunt and hungry, too, or the zombies will know you have food and they will do their best to take it from you. Helping others is a great and righteous ideal in times when there is law. It is suicidal in lawless times like we are entering.
Exactly. One of my four older brothers was telling me, as far back as the ’70s, there is no reason to do any long range stockup on anything unless you’re willing to kill to keep it. Or don’t let ANYBODY know about it so you don’t have to consider killing them.
There are some grays between the black and white of that perspective of course, but it makes sense to understand that the hunting groups that have schedules for stealing high-cost purses and shoes will not hesitate one minute to break into the homes of normal people, beat them up, and take ALL of their preparations–sort of without asking.
Being nice like doves cannot be seen as a substitute for being wise like snakes. It’s both/and; not either/or.
Also, someone from your household should get in food lines like all your neighbors.
Just about everything keeps inflating more and more except for Joe Biden’s IQ which keeps deflating more and more.
… cheap to get rid of Orangeman Bad! Enjoy!
After 19 years my business is toast, due to the plandemic and this inserted puppet with his cast of clowns.
Wife is making half of what she did, but thank god we have an extremely high deductible health insurance plan…
Oh boy can’t wait to see what happens next…
I had a dinner table conversation Sunday night about who would be 1st of the automakers to go to The Swamp in their private jets to ask for a handout.
They’ve already ruined the “hospital system”.
http://www.mypatriotsupply.com
I’m somewhat prepared for the most likely (high prices, some shortages) scenario. But I am also buying foreign currency in case of a USD collapse. I do believe the Obama people behind senile Biden would love to destroy this country, completely. They hate America.
I am working with a relative abroad to open a joined bank account so I can have grocery money stashed away in a foreign currency just in case we see hyperinflation. I want a foreign debit card, that I can use here in case Obama and his commies get their way and crush our economy to reset it to their communist utopia.
Something is going to blow before the end of this installed resident’s term. The frogs can feel the heat and it is getting beyond uncomfortable.
Some material and labor prices are locked in by contract. Just wait till these contracts expire. As Sundance has said we are only on the edge of the storm and much more is coming. People only have so much money to spend, so expect a big economic slowdown coupled with rising interest rates. What is coming will be very bad, except for some inflated assets.
Keep in mind that the BLS has a lot of wiggle room in calculations like the PPI and CPI using all kinds of estimates and other factors in arriving at the statistic. You can bet they are using every step in the process to make Biden look better than the reality!
Due to increaseing price of petroleum, consider stocking up on engine oil, and transmision oil, and due to supply chain disruptions, oil FILTERS.
Buy the oils in gallon rather than quart containers.
So long as you have a running vehicle, you WILL use the oil, and its only going to increasevin price.
A big mistake people make in tightening their budgets, is postponing routine maintenance, with a potentially big down stream cost.
And, if you are used to taking your vehicle to a “quick lube”, consider doing it yourself. If your unfamiliar with how, find someone who knows, to talk you through it (NOT do it FOR you) the first time or two.
Its NOT complicated, but like anything new, has a learning curve.
Brake shoes is another item you might consider; eventually your vehicle will need them, they may be “unavailable due to supply chain issues” when you NEED them, and IF available, will likely cost more.
Driving with breaks that are squealing loudly, with a metal on metal sound, turns a simply repair into a more expensive and complicated one, very quickly.
And, is another example of people with limited means trying to “get by”, and making poor choices, that end up with them walking.
Voice of experience here.
Peter Schiff on Tucker Carlson:
“In fact, productivity is collapsing. We just got the worst productivity numbers in 62 years.
Tucker asked the next logical question: how long until the world completely loses faith in the US dollar and it is no longer the world’s reserve currency?
Retired Magistrate here: Where I live in Central Ohio, the local Kroger store is having a “Mega” event with prices close to what they were a year ago on certain items. So I have stocked up on non perishables and items that can go in the freezer. Several days ago I got 90/10 ground beef for $3.99 a pound, which is a good price these days.
My car is 10 years old (which to me is a fairly new car). Just got new tires to get me through our Winter safely and got the oil changed. Put up our heavy Winter drapes and taped windows which leak with Frog tape, which actually works fairly well. Firewood is cut for our wood burning stove because we tend to loose power up here several times during the Winter. Trees and above ground power lines result in power outages especially during a heavy snow.
Found laundry detergent (Sun) for $1.69 which does 32 loads so I have 6 bottles of that. Also have stocked up on dish washing detergent and other cleaning items which I found on sale. Also stocked on on light bulbs, batteries and candles. Before this house we lived in a 140 year old farmhouse, so I got used to making do with what was on hand and getting fairly proficient on how to stop various air leaks in an old house.
So, prepare now while you can. Some of my friends laugh at me because I use coupons; I think they are nuts because they don’t. Not using coupons is like throwing money away.
Take care and GOD bless all Treepers.
I was looking for a whole house back up generator. Order now ($5-8k) and hope to get it in May 2022. That’s insane. Meanwhile, I had the chimney repaired for wood burning, purchased a Weber grill for alternative cooking, and got as much maintenance on house as I could afford. I do stock up for my extended family should they just not “get it”. House maintenance, car maintenance, food storage, tools, animals that produce food, supplies for a 10,000 sq ft garden etc. Anything I can think of to get ahead of this planned tsunami. These people are sick and cruel.
.02
Night one – Ham and vegetables and sweet potatoes
Night two – Ham and scalloped potatoes (same ham)
Night three – Ham bone and bits cooked in pinto beans with cornbread and maybe cabbage
Night four – beans and ham turned into “refried” beans served as burritos
Night 5 – leftovers from all the above.
One ham = 5 meals for family of 6.
Beans and rice – not sure the ratio but supposed to be a great way for a complete protein in your body.
Potatoes can be grown in a 5 gallon bucket almost year round if needed
Flower gardens can grow vegetables as well as flowers (keep chrysanthemums on the border for insect control)
Bulk food cooperatives are helpful.
Be willing to work for a farmer and get paid in food stuff and vegetables
Due to hight prices there will be more food ending up in food banks (possibly expired or nearly so but edible and sometimes a treat you would never have otherwise…we once got a restaurant sized contain of Kalmeta Olives which were very delicious).
Get creative folks and we can get to the other side of this. The only remedy will be real economic growth under PDJT in 2024 to get wages back up or pitchforks and torches.
“The Great Reset” You’ll own nothing and be happy. Klaus Schwab WEF/Davos
Of course he’s not talking about himself.
This is intentional. It will get worse before it gets better.
A good working definition of Demand Pull Inflation is found here:
Demand-Pull Inflation Definition (investopedia.com)
They list 5 basic causes:
So, when you talk about how Biden/Democrat policies are causing the problems, you can correctly state that cause #1 is being driven by cause #3 which is being enabled by cause #5 which everybody knows creates massive inflation (leading to inflation increases due to cause #4).
Summing up, of the 5 listed causes of demand pull inflation, 4 are the direct result of Biden/Democrat economic policies.
To this, we have Cost Push Inflation which is caused by:
Energy prices, in particular, are driving Cost Push Inflation, and huge increases in energy prices are being driven by Biden/Democrat attacks on US energy supplies as well as insane levels of pay increases at the entry-level positions and labor shortages in general driving up costs – in part due to the Government paying people not to work.
So, we are, to put it mildly, burning the inflation candle at both ends.
Looking for good recipes for beans and rice………
rice + beans, salt to taste and lots of water lots of heat.