Posted On: Thursday - October 6th 2022 7:14PM MST
In Topics:   Preppers and Prepping  Inflation
If you get tired of these incessant Peak Stupidity posts about Inflation, please accept my apologies and wait for a post on another subject tomorrow. If it helps, though, this one is about Prepping too. [Eyes light up down in the bunker!]*
I don't know what it is ... it's just that I get sick of the value of my life's labor that I save up for later continuously being stolen by the US Feral Government via the FED. That's all. It's probably just me ...
Let's talk Clorox today - the ubiquitous bleach that the slightly cheaper Target Up & Up brand compares to. Because it's a consumer product, not a big durable item or building material, I don't have records of how much I paid for the stuff in the past. However, my memory serves me pretty well here. That's not because my memory is so great but because I bought a bunch of bleach about 10 years back, in the course of 3 or 4 times to the store.
Why'd I do that? I'm glad you asked. Because I knew it would only go up in price, and it stores. Bleach, in fact, is the stuff you use to make other stuff last, like quantities of water, so it must be long-lasting itself. Prepping for Inflation* is something Peak Stupidity has discussed before**. That's what I had in mind then, and if I'd had more storage space, I wouldn't be writing this post today.
I didn't even bother with the Target "Up & Up" brand and bought Clorox, because the price for a gallon of it was in the mid to high 2 dollar range, $2,69 or something. This wasn't in the 1990s, mind you, as are the years many of our inflation post products/services compare to. It was 10, maybe 12 years on the very outside, years back. A few years ago, I bought a few bottles to keep the stock up, and it cost in the mid 3 dollar range, but I don't now recall whether this was for the significantly smaller than a gallon size. I looked and saw $5.99 a few weeks back, but when I came back to Target last week, I noticed that that price was for the significantly smaller size. A gallon of Chorox, that is, unless it's 121 oz - gyping one of 5 1/2 % - is $7.68 or something like that!
Let me use the 12 year time period and the MoneyChimp site compounding page again. Inflation has driven the price of Clorox bleach up by 9% average over the last 12 years. If I had a sure time and price on the few-years-back purchase, I'd show how much inflation has been accelerating. The last year alone has been hell on consumer purchases.
What's the big concern about Clorox bleach again? It's only that I was
However, investing in bleach beats the stock market in one important way. It always goes up. And, when the Shit Hits the Fan, at least I'll be able to spray it off. What will you do with your amzn shares on your unconnected and unpowered computer, huh?
Whatever ever it is, if you or other people will need it sometime, it lasts a long time, and you have room for it, buy it now.
* Though the idea of "prepping" is not primarily about inflation...
** Other posts on this: The different levels of Prepping and The current real estate boom as prepping for inflation .