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Hooray! The Price of Toilet Paper is Going Up, Are You Cheering Too? (and more, besides.)
thestreet.com ^ | 3-31-21 | Mish (Mike Shedlock)

Posted on 04/01/2021 5:00:01 PM PDT by dynachrome

Price Hikes

The maker of Huggies diapers and Scott paper products said the percentage increases would be in the mid- to high-single digits and take effect in late June. They will apply to the company’s baby- and child-care, adult-care and Scott bathroom-tissue businesses. Cheerios maker General Mills Inc. (GIS) said it will raise prices to partly offset higher freight and manufacturing costs, in addition to rising commodity prices. “Our competitors and retailers are facing the same thing we are,” General Mills Chief Executive Jeff Harmening said. Hormel Foods Corp. (HRL)said in February it raised prices of its turkey products, such as Jennie-O ground turkey, to counter sharply higher grain costs. If the rally in the commodity markets were to continue, the company would likely pass along further increases, Chief Executive Jim Snee said. Hormel also raised prices of its Skippy peanut butter. J.M. Smucker Co. (SJM) said it recently raised prices for its Jif peanut butter and that it might do the same with pet snacks because of higher shipping costs and other inflationary pressure. Smucker Chief Executive Mark Smucker said retailers are passing increases along to consumers. “We only raise prices when costs are meaningfully higher, and we partner with the retailers to make sure it’s justified and that we move together,” he said.

(Excerpt) Read more at thestreet.com ...


TOPICS: Business/Economy; Chit/Chat; Society
KEYWORDS: bohica; economy; food; inflation; prepper; preppers; supplychain; toiletpaper
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To: The Great RJ
Read Amity Schlaes' Great Society before it's canceled. It's a real education.
21 posted on 04/01/2021 5:38:35 PM PDT by Noumenon (The Second Amendment exists primarily to deal with those who just won't take no for an answer. KTF)
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To: Billthedrill

You can do a DIY bidet with a garden hose and a brass nozzle. Flow restrictors are for wimps.
......................................
I’d prefer to use faux President Joe Bidet for that purpose myself.


22 posted on 04/01/2021 5:40:45 PM PDT by fortes fortuna juvat (Conceding the result of a fraudulent election is both irrational and immoral.)
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To: Secret Agent Man

Women hardest hit of course.
...........................................
Perhaps a Bill should be introduced in Congress mandating an environmental surcharge on women because of their excessive impact on American forestry.


23 posted on 04/01/2021 5:49:59 PM PDT by fortes fortuna juvat (Conceding the result of a fraudulent election is both irrational and immoral.)
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To: dynachrome

Good thing we were both drunk.
....................................
Details man, let’s have the dirty details!


24 posted on 04/01/2021 5:52:52 PM PDT by fortes fortuna juvat (Conceding the result of a fraudulent election is both irrational and immoral.)
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To: fortes fortuna juvat

I will say it must have been that time of the month and we were called out from the local dive bar at 10pm that night.


25 posted on 04/01/2021 5:54:51 PM PDT by dynachrome ("I will not be reconstructed, and I do not give a damn.")
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To: dynachrome

What isn’t going up these days? Lumber is skyrocketing. All part of the same scheme.


26 posted on 04/01/2021 6:07:36 PM PDT by crusty old prospector
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To: dynachrome

Don’t care

We have 6 months worth


27 posted on 04/01/2021 6:08:04 PM PDT by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
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To: fortes fortuna juvat
I’d prefer to use faux President Joe Bidet for that purpose myself.

You gonna slide down his leg hairs? Be sure to get video!

28 posted on 04/01/2021 6:12:34 PM PDT by Max in Utah (A nation can survive its fools, and even the ambitious. But it cannot survive treason from within.)
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To: dynachrome

What kind of shit are they trying to pull on us.


29 posted on 04/01/2021 6:38:51 PM PDT by Old Yeller
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To: dynachrome

I can’t believe their giving almost 3 months notice. That has to be a first.


30 posted on 04/01/2021 6:40:20 PM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016 )
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To: Billthedrill

Works for me. HOA is getting testy and becoming armed camp.


31 posted on 04/01/2021 7:02:11 PM PDT by whistleduck
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To: DuncanWaring; metmom; 4everontheRight; 4Liberty; 5thGenTexan; 45semi; 101stAirborneVet; ...
Prepper ping - OODA Loop - USA everyday commodities/ price inflation
(Title) :" The Price of Toilet Paper is Going Up, Are You Cheering Too? (and more, besides.)"
BOHICA ! (pun intended)

Well known products pricing on the increase: paper products, condiments, meat products, cereal, snacks, peanut butter, and incidentals.
Generally due to increased transportation expense, feed costs, and increased expense of basic commodities, as well as international speculators.
The original news source (thestreet.com) also mentions that 'The Fed' wants inflation to make up for past years lack of inflation.
Interesting brief Info at the original news source website about 'The Fed'& inflation .

32 posted on 04/01/2021 7:02:43 PM PDT by Tilted Irish Kilt
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To: dynachrome

The return of stagflation. I’m sure the misery index will also make a comeback.


33 posted on 04/01/2021 7:24:46 PM PDT by Kazan
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To: dynachrome

Throughout the Obama administration, we were serious preppers, and had a stack of TP that rose to the ceiling in our back bathroom - along with a lot of other stuff.

When Trump came in, we didn’t worry much anymore, and let our stash fall down.

Until Covid!

Now, we have our ‘stack’ back, and the Husband Unit buys more every week :-)


34 posted on 04/01/2021 7:30:34 PM PDT by Jamestown1630 ("A Republic, if you can keep it.")
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To: Tilted Irish Kilt

“The original news source (thestreet.com) also mentions that ‘The Fed’ wants inflation to make up for past years lack of inflation.”

Except for interest rates paid on our savings. So this double whammy will steal more of our $


35 posted on 04/01/2021 9:35:32 PM PDT by CottonBall (MAKE REPUBLICANS WHIGS AGAIN!)
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To: dynachrome

We bought a boatload after the first go around.


36 posted on 04/02/2021 7:51:10 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: CottonBall
“The original news source (thestreet.com) also mentions that ‘The Fed’ wants inflation to make up for past years lack of inflation.”

Cotton Ball : "Except for interest rates paid on our savings. So this double whammy will steal more of our $ "

Yeah, it the double whammy !
That is also why the stock market is so over inflated right now - investment to keep up with inflation and make a profit for expenses.
So to keep up with inflation, people invest(gamble) in the market - or go to a casino (same thing/ just quicker gains or losses )!

37 posted on 04/02/2021 9:53:33 AM PDT by Tilted Irish Kilt
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To: EC Washington

How do you define “loaded up?”


38 posted on 04/02/2021 12:08:22 PM PDT by Freedom56v2 (If I wanted to live in China, I would move there!)
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To: taxpayerfatigue

If Sheryl practices what she preaches, oooo that smell!


39 posted on 04/02/2021 12:15:45 PM PDT by MayflowerMadam ("if I perish, I perish." Esther 4:16)
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To: Pollard

Maybe we can get fedgov to send us copies of Obiden’s EOs.


I think you are on to something. FOIA request for a hard copy of recent bills...They run into the thousands of pages ;)


40 posted on 04/02/2021 12:28:35 PM PDT by Freedom56v2 (If I wanted to live in China, I would move there!)
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