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Real Inflation is Happening

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For the past couple of decades inflation – especially hyperinflation – has been the talk of those predicting economic collapse.In no way do I see true hyperinflation such as seen in Zimbabwe. What is absolutely happening is real inflation that is devaluing our dollar and lowering our purchasing power. Basically, our paychecks are shrinking even though they may appear the same.

Consumer prices have risen each and every month for the past 4 months. Fuel costs are rising. Food costs are rising. Seen ammo lately? Building supplies of all kinds are rising. Inflation is happening and shows no sign of slowing down.

With trillions of dollars injected into the economy and the likelihood of additional stimulus’s and/or infrastructure packages providing trillions more – inflation will continue.

Not sure about everyone else but my money supply is not endless. I value each and every dollar. The actions I’m taking, as a result, are to stock up on frequently used items such as shampoo, toilet paper, paper towels, laundry detergent, razors, etc.

We live in a small camper. As such we have little room to store some of these supplies but being creative pays off.

Spend $250 now on some supplies may save $50 or so later. Whatever you can get right now it is most certainly going to be more expensive later on.

Maybe more.

Rourke

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7 Comments

  1. goinggray58 says:

    well sir .. I’m turning dollars into assets that appreciate as well.. you lose value by letting them sit idle (under the mattress or in the bank) .. after we went off precious metals the USD went from being a promissory note to s certificate of debt. The USD is basically the world reserve currency,, too big to fail easily,,, If and when it does it will go immediately and hard. Assets will still be assets regardless of the currency.
    GG58

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  2. SingleMom says:

    I’ve always used a portion of my tax refund (or stimulus check) to buy non-perishables. In March or April of each year, i stock up on a year’s supply of shampoo, dish soap, laundry detergent, OTC meds, and general hygiene and cleaning supplies. Part of that is due to rising costs, but part is just so I don’t have to be bothered later on or worry about running out of something. It also helps when the kids show up and say “Mom, I need…” I’m lucky enough to have a walk-in linen closet to hold it all!

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  3. Oren says:

    The rest of the family thinks I’m paranoid or senile. I keep reminding them of the most recent shortage we had….toilet paper. I had plenty. I’m like single mom. I have dedicated the walk in closet for paper products. TP and paper towels are stacked to the ceiling. We have a smaller closet under the stairs. That’s the OTC drugs, first aid, shampoo, soap and general hygiene locker. Ammo? Forget it. I haven’t seen supplies to reload not ready made for .40 cal in ages. It has caused me to not participate in the local IDPA shoots. The other thing you will see rise in price if you pay attention will shoes and clothing. Even the goods manufactured in China and other communist countries are going up in price….just watch the cost of shirts at Wal Mart. That has been a good indicator in my mind. What was on sale for $19.99 last year is $26.99 today.
    Inflation is here. It has been slowly creeping in but it is creeping in. Contents of packages at the grocery stores have changed. Smaller amounts, smaller packages, less weight…
    If you haven’t started “laying back” supplies, you need too. Now.

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  4. John Hancock says:

    For some reason the reply button on here does not work, anyhow I just wanted to say I agree with Goingrey completely, tangible items are real, they have real value, money is fiat, faux, it is fake it’s only value is what we perceive of it and the sheep indoctrination Is complete, they have no education in money or history this is by design! It’s only this belief that money even has value anymore that it still stands as currency in my opinion, a more educated generation such as the greatest generation would have seen and understood the significance of what the printing machine was actually doing ( that is robbing the people of all their money right in front of their faces) and the so called dollar would have collapsed many years ago. I also agree with Rourke as he says this isn’t a SHTF inflation like Venezuela or some other country this is the U.S. Dollar the WORLD currency, this will thanks to oil and the US military having control of key interests will be a slower process like a cancer I believe, real estate, gold, silver, bullets, beans, bandages… not necessarily in that order, the order you get out of the Dollar into tangibles is a really personal choice that only YOU can answer for yourself and then hope and pray your right. My point is we are seeing the beginning of the end right before our eyes, it’s just happening very slowly on this particular front (which front wipes out society first is anyone’s guess, who here predicted Corona virus 🦠? Not I said the blind man) we need to stay on the path, try to spend wisely and not purchase during panic buying of items, try to focus on what you need that isn’t under a lot of competition to get at that time if it is possible, sometimes we have to “bite the bullet” yes pun was totally intended! Good luck everyone, I truly believe something is going to happen within the next ten years… we are at the precipice now I believe….

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  5. LargeMarge says:

    I am a welder/fabricator.
    For my next expedition trailer, I am building stout, tandem, gooseneck, rated at 24k GVWR.

    November 19th, 2020:
    * quoted us$4,100 for a 10k tandem axle kit
    This part number includes both axles, five mounted tire/wheel combos, springs, hangers, landing-gear, everything required to support a frame.

    April 3rd, 2021 — us$5,300 for the same kit, same stock number.

    Does this look like twenty-four percent inflation in five months?

    Reply
  7. CaptTurbo says:

    I have made mention of buying bullion and mining stocks for a few years here. It has certainly been working out well for me.
    I have also been an advocate of air rifles and pistols to use to keep you in practice. I use the RWS LP-8 Magnum for pistol practice. It’s a heavy gun with a two stage adjustable trigger and is a tact driver. The most recent rifle adds I’ve made are the Gamo Maxim Swarm .22 magnum and the lesser expensive Maxxim in .22 cal. That magnum is a beast for a break barrel air rifle. Both are well suppressed and very quiet.
    I am more blessed than many being here in SW Florida. My fish guiding business has been very busy serving the folks from the communist blue states who are fleeing the lock-down garbage for a taste of freedom. My best to you all.

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