anyone who tells you inflation is not a horrific threat is LYING to you.

[registror]

BIG time

https://www.youtube.com/watch?v=voUMRek-zDg

[Nik]

Been a while but, when I started work, I put a fair chunk of my monthly 'margin' into Gov.UK 'Save as you Earn' scheme. Pay in for five years, hold for two, tax-free, what could go wrong ?? Yes, a bout of serious inflation, not 'Galloping', certainly NOT 'Hyper'. Which yet reduced its worth to less than one month's pay, after deductions...

Upside, a decade later, when my wife and I were buying our home, I used that experience to shun a fashionable 'Endowment' mortgage in favour of then-deprecated 'trad' 'Repayment' variety. And, yes, we thus avoided the 'Negative Equity' mayhem when market sank.

FWIW, UK Freeview TV channels include RT, the Russian mouthpiece. Their skewed take is 'educational' in small doses, if not horribly hilarious: Noticeable that their adverts are heavy on 'buy to rent' and 'buy gold', two purchases guaranteed to leave you in serious trouble if SHTF...

[registror]

gold's a great idea UNTIL things seriously collapse and probably will help again once things clear up, but that might take years. I"d never buy land or a single family residence. they are just money-pits. I have no fear of "re-posession" after shtf. There will be nobody even WANTING to do anything of the kind, much less be able to do it. . There will be no law or any concern for same, about anything. The houses I ve bought all make me far more money than I paid for them, due to VA home loans (no down payment) and their being made into a dozen or more weekly rental rooms per house. 9x7 ft each. IIRC, I got into each one for less than 20k and they each clear me 20k per year or more. By far the best passive investment possible. I dont have complete control over what happens, but i keep my ear very close to the ground about changes in the city or the state and I watch the security videos frequently and video chat with my managers most days.

[orangetom1999]

The correct name for inflation is depreciation ...the loss in purchasing power of your money or whatever you are using for money.


Another thing for the readers here to know...when being scammed on inflation/depreciation by politicians or leaders....


Nor matter what they teach you in public schools about Taxation......

A tax for the person subject to it is..."Work you do for which you get no goods or services.."


Inflation/depreciation is work you do for which you get no goods or services.. ...exactly the same as a tax..


This is why the early founders of this country often described it as disguised taxation....an understanding long ago done away with for most of us....that we are never able to connect the dots in history...or even think this far..

The result is that you are getting taxed twice.....find a phony leader in both political parties who would tell you that....

How about those phonies on Fox News...they will not tell you that as well. You know the other phonies in the MSM dare not tell you.

Be warned of people trying to dumb you down...in particular your elected leadership.

The amount and topics of which they do not want you to think or know would fill volumes...

My non Ishmaelite .02,
Orangetom

[orangetom1999]

Concerning precious metals and in particular Silver...

Silver is known to be anti bacterial and anti microbial....you can look this up on the web.

I do not think someone out there wants us to know or be able to think this far on our own.

I carry in my Levi's coin pocket three silver dollars...real silver 90% silver dollars and a one one ounce Canadian Maple leaf .999 fine.

I also carry in my left side pocket the same ...three more silver dollars and a one oz. Canadian Maple leaf..


I also take my vitamins...D3, C's, and Zinc in addition to a few others.

I also on occasion take a teaspoon of liquid silver or what is sometimes called colloidal silver...and then spray my mouth with it and also the inside of my mask.

I was astonished recently to see a bandage dressing with silver on one side of it. First time I'd ever seen that.


You people decide for yourselves....but I do not think for the most part someone out there wants us to know about the anti bacterial/anti microbial properties of silver.

I have been in close proximity to four people who tested positive for C19 and have not gotten it. Tested four times as well.

Good grief...when they stick that thing way up your nose ...seems like they are scrambling your brains..

Orangetom
Not an Ishmaelite

[RICHFL]

Lived thru the 70's with double digit numbers. It was insane at times. When gas prices went over a dollar, the gas stations had to price it at 1/2 the asking price. You were required to pay double because the pumps would not record over one dollar per gallon. Just one example!

[orangetom1999]

Of recent I effected a repair here and one for which I have never attempted.

I replaced both electric heater elements in my hot water heater. It turned out I had imagined the task more difficult than it actually was.



But in line with this I am researching an electric hot water heater replacement.to be stored in my garage.

Also a replacement 25,000 window air conditioner....also to be stored in my garage.


I am thinking this with inflation in mind.



There is thing about inflation seldom told to us or taught in public schools but those learned in inflation....correctly termed depreciation....in that it's ruinous effects on an economy...is that it eats up a nations seed corn...


Put another way....what one produces ...minus what one consumes is how much one has to plant for next year....this is the seed corn.

What inflation/depreciation does is it destroys the capability to plant next years seed corn.


What happens over time is that goods and services become scarce and expensive. The ability of a nation and people to produce at a profit becomes more and more difficult and if one does not stop....one will take a loss in an unstable economy....because one cannot predict what the purchasing power of the money will be.

This makes it difficult to sign contracts and hence production and distribution comes to a stop. Business comes to a stop.


You will not find the experts on the news media telling and teaching this to the general public. This is sometimes called Dumbing the people down.

But history is replete with this evidence about Inflation/Depreciation.



Nonetheless this is a longer range plan...to obtain these materials and store them until needed.


Orangetom
Not an Ishmaelite.

[Tugaloo]

Some of the inflation was caused by COVID. The price of lumber is an example. Initially, the price didn't increase as the warehouses were filled, but after they emptied the price of lumber soared beyond belief. Due to the stay at home shutdowns, it will be a while before the supply chain is up to speed.
Although it was not due to COVID, the price of ammunition exploded. Last year's NCS checks set a record at 21,083,643 with 8.4 million first time buyers. With all the manufacturers staying at home, demand exceeded supply. Every new firearm's buyer wanted ammunition
Some believe cancelling the pipeline was the cause of dino or fossil fuels increasing.

Locally, some restaurants have closed because they need workers. One owner claims people are staying home to collect unemployment..

Where will it end is the question.

From Survival magazine:
https://survivalmagazine.org/news/sk...n-under-biden/

I wonder who the 12% are?

[orangetom1999]

Prices starting to run away amid supply shortages. Went to BJ's today and bought two large bundles of TP .....and to my surprise they had plenty ....amid the stories I have been hearing of TP in short supply. To my surprise again ...what they did not have was paper towels.

Got a few other items and came home.

I forgot to get another forty pack of house brand AA batteries to put back. I will plan that trip mayhap tomorrow.


Been hearing some statements by so called leadership in news clips.. telling me that these people in so called Leadership positions are verily out of touch with what is going on our here in some of the states...

It is as if they have standard issue propaganda lines on 4x5 cards ready to regurgitate them out. Clueless....

It appears that these people also believe that most of us are clueless as well....

Here.,..try this out for size in view of current events...

By Nazi Propaganda Minister Joseph Goebbels..

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”

Be Warned these Ishmaelites.


Ishmaelites run wild...


My non Ishmaelite .02,
Orangetom

[Tugaloo]

Supply ships are sitting offshore unloaded off our coasts. Inflation has increased the prices of energy, food, lumber and everything else. Shortages rule the day.

Goebbels was a long time ago; however, we are enduring the lies today and only fools believe them.

[CountryGuy]

By Nazi Propaganda Minister Joseph Goebbels..

Orangetom

Well said. I haven't been in a store in a while till last night. I was on my way back from dropping the oldest off back at college and the Mrs asked me to hit the store for a few things like milk. As I wandered around and found the couple items. I was surprised and how light the shelves were in some areas. As you said paper towels were the biggest. There were still some, mainly the store and bargin brands but the name brands were about gone. I'd say of the shelf space dedicated to them 80% of the space was empty. TP maybe 15% looked missing.

I know bacon is spotty to find along with other pork cuts. Guess not to much of a surprise when they slaughtered and burried how many million the other year. Farmers can't afford to let them stand around eating food. But that and the other stories about veggies getting wasted cause they couldn't process them. Now we're seeing the start of the blip in the food chain. I find those two points ironic considering that produce could have went to feed pigs.

I think we're just on the verge of starting to slip over the event horizon. As they say control the food control the people...

[Tugaloo]

I think we're just on the verge of starting to slip over the event horizon. As they say control the food control the people...

Shortages aren't limited to only grocery store items.

Add container ships sitting idle waiting to unload:

https://earthobservatory.nasa.gov/images/148956/waiting-to-unload

Back to inflation, the price of gas has increased 75% since last November 3. Last month, propane was $2.299; today, it is 2.999.. Today, we have inflation plus shortages; what will tomorrow bring?

[CountryGuy]

We've not saw 75% here but the lowest we saw last year was around $2.29 and right now it's around $3.55 so that would be what... about 55% increase? Sucks for sure.

I work in manufacturing and your right, the labor shortage is real but so are materials.We make medical products and we've had jobs we've not been able to run for a few months because we couldn't get plastic. I have new mold projects that have been put on hold for months waiting for steel that normally would be available in 2 or 3 weeks, we're now told 3 to 4 months or even not till sometime in the end of Q1. I've got numbers for a couple local farmers I'm going to call about getting part of a beef from. Also another guy I know is doing hogs and I'm going to see if he has any available and hope to offer help in harvesting them to get in line if not.

[Tugaloo]

We've not saw 75% here but the lowest we saw last year was around $2.29 and right now it's around $3.55 so that would be what... about 55% increase? Sucks for sure.

I work in manufacturing and your right, the labor shortage is real but so are materials.We make medical products and we've had jobs we've not been able to run for a few months because we couldn't get plastic. I have new mold projects that have been put on hold for months waiting for steel that normally would be available in 2 or 3 weeks, we're now told 3 to 4 months or even not till sometime in the end of Q1. I've got numbers for a couple local farmers I'm going to call about getting part of a beef from. Also another guy I know is doing hogs and I'm going to see if he has any available and hope to offer help in harvesting them to get in line if not.

Here in NE Georgia, regular is $3.20 and premium is $3.85. Her twin turbo 2.0 prefers premium; however, it has a knock sensor to dial matters back.

I'm a retired engineer type my last position was with forced induction systems. The turbine or hot side of a turbos require exotic materials to resist the heat of a car's exhaust. Temperature range at the turbine inlet vary between 550°C and 850°C or 1022°F and 1562°F at different engine loads. I stay in touch with my still working car buddies and they are also experiencing shortages.
The start-stop feature on new cars is off the table as the "chips" are not available.

We buy our beef and pork from local farmers.

We also have our own renewal source of meat.

I hope no one was offended; however, it is nature.
BTW, I'm addicted to trail cams. LOL
We also have turkey, doves, a lake and a trout stream. I'm not a fan of bear meat unless I would be really hungry.

Buttigieg says US supply chain "issues" will 'certainly' continue into 2022. The question is are Americans willing to wait as our well fed pampered politicians believe?

[orangetom1999]

Olde Timer...

I've been hanging on to my Dad's olde 1967 Chevy...250 CID six cylinder out in my garage....three on the tree..style..shifter..

You are convincing me that mayhap this was a good idea...simple points and condenser...in this olde girl!!!

The start-stop feature on new cars is off the table as the "chips" are not available.

When you open the hood you can still see the ground underneath her. Not much excess plumbing!!


Thinking further on this topic of shortages.....before commenting...


Orangetom
Not an Ishmaelite.