Yesterday I went to Costco with my wife for the first time in quite a while. I don’t like to shop. After looking at the prices in the meat department, I see why she is feeding me more hamburgers and less steak. Talk about sticker shock.
So I figure I will look at the statistics to see how much inflation we currently have. The U.S. Bureau of Labor Statistics has a website that they claim keeps track of inflation. Here is the latest press release on that site. “The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent in October on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.5 percent before seasonal adjustment”.
It makes me wonder what they are smoking; I think it is some kind of wacky weed. Anyway, I don’t believe their statistics. Now is a good time to work on your preps, they won’t get any cheaper plus Christmas is coming and they make good presents. Food is always a good hedge against inflation. One thing I like to give is books on preparedness and related fields. Everyone needs knowledge.