Posted on 10/18/2011 5:53:27 AM PDT by blam
Edited on 10/18/2011 5:57:16 AM PDT by Admin Moderator. [history]
The number is out, and it's HOT!
PPI hs jumped 0.8%, well above the 0.2% analysts had expected.
Core PPI, which excludes food and energy, was only up 0.2%, which is still above the 0.1% that analysts had expected.
The culprit? Blame food and energy.
(Excerpt) Read more at businessinsider.com ...
Core PPI, which excludes food and energy<, was only up 0.2%
The concept of “Core PPI” always cracks me up. There’s very little inflation, as long as you exclude the stuff that you really need to survive. :-)
You're kidding.
I'm affecting someone's chance of learning? That's ridicilous.
“If you have been waiting to stock up on food and supplies, now is the time.”
Lets take your good thoughts a little further.
For over a year on FR, with relatives and friends, I have advocated buying good deals on any food, otc health products and other supplies, when they are really on sale, (if you can use them before they spoil or go out of date).
We get basically no interest on our savings accts, and when we can save 12 to 30% on a staple that we will use, that is an investment.
My pumpkins weren’t ripening very fast this year. I cut off the leaves which is supposed to accelerate ripening and piled them on the mulch pile. That was about 6 loads for my little John Deere lawn trailer. Just about the time they rotted I found out that all parts of the pumpkin are eddible. That was a lot of food tossed out.
The overly rapid rise in gold should have given you a clue. Gold is subject to occasional speculative and panic spikes. That is why when you are tracking something like inflation with gold it is prudent to do it through a moving average, say 200 days. That gives a pretty good picture of actual inflation. Some of the bumps and holes in the price are due to manipulation by central banks but that evens out in the end because the CBs run out of gold to sell to keep the price down. Another source is “paper gold” wherein invented gold is sold as shares in concerns that purport to own gold sufficient to cover all their sales but don’t. Those also don’t last forever and the gold price rises when the paper gold succumbs to the unraveling of the financial origami.
I’ve done that for years
Whenever I go to the store and see something I use that is 50% off (buy one-get one) I get a case (or two)
By now I have so much stocked up I rarely pay full price for anything anymore. I only shop the sales. I could easily go 6 months right now without shopping if I could live without fresh mils and vegetables and meet
And when I need to I will grow my own veggies and hunt for meat
“Whenever I go to the store and see something I use that is 50% off (buy one-get one) I get a case (or two)”
I learned that from my parents and grandparents.
My wife taught me when beef prices go up, often chicken/pork and some sea food prices don’t and vice versa. So we buy the lesser price meat/protein and stock up on them, when they are on sale. We have a mini freezer besides the good size one on the side of our refrigerator.
We have a great farmers market from May to November. However, this year, we bought a couple of cattle water troughs to raise tomatoes and salads. The troughs make it easier to tend and pick as they are about 3’ high. 3 tomatoe plants have kept us and a racoon in fresh tomatoes since June. The coon likes the Romas and only picks them just before they ripen.
We had to put in a Deer fence to keep the coastal deer from eating my wife’s roses and our garden stuff. So if we had to, they could be our meat with the wild turkeys/rabbits and quail. Our older son and his daughter are good hunters and share their bounty, deer, wild pigs and wild turkeys with us
Soon, we will remove the tomatoes and salad plants from the trough and try our first root vegies. Next year we will plant corn, okra, minature egg plant and other vegies as well as tomatoes and the salad greens.
Our DIL’s family is like ours re loving tomatoes, salads and corn. She has provided most of those produce items with minimal land use. They don’t have to worry about critters, but her cherry tomatoes kept disappearing. I told her to keep an eye on her son/our grandson. His concept of fresh salad was to pick and eat the tomatoes and greens right at the site. He did that this year when he visited. He would go out and baah like a sheep or moo like a calf and eat his really fresh salad where they were growing.
dunk them in boiling water for about 15 seconds and the skin peels right off. then throw them in a freezer bag. perfect for making chili.
I had chili all year last year on my supply of frozen tomatoes
Thanks I wasn’t aware of this. If the raccoon leaves us some Romas, we might try this:
“i found that freezing tomatoes is a great way to keep them
dunk them in boiling water for about 15 seconds and the skin peels right off. then throw them in a freezer bag. perfect for making chili.
I had chili all year last year on my supply of frozen tomatoes.”
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