In May of 2022, I published an article outlining a basic one-month food supply that people could purchase at their local stores to begin being prepared for emergencies and shortages.
The food supply consisted of these staples:
- 20 lbs Rice
- 10 lbs flour
- 2 lbs pasta
- 4 lbs beans
- 1 lb salt
- 30 oz dry potato
- 8 oz baking powder
- 48 oz vegetable oil
- 1 large can Nido
These easily-stored foods are approximately what one adult would need in order to survive one month if there were no external food options.
At the time the article was published, I priced out the foods using economy brands at a national retailer. The total came to $45.99 for the one-month basic food supply.
On March 11, 2023, I priced the same foods and same brands at the same retailer and was shocked.
This basic one-month supply now costs a whopping $58.47! That’s more than a 27% increase in less than one year.
So much for the tired old “8.5% inflation” lie.
On the bright side, people who stocked up on basic foods last year made a 27% profit! The same dollars, left in the bank, would have lost value against real-world goods. Foods, on the other hand, gained significant value against the dollar.
Silver has gone down over 18% during the last year.
Gold prices have been more stable, but have still gone down nearly 4% over the last year.
Yet, these food staples have gone up over 27%. It appears that people who “prepped” have not only increased their preparedness for future emergencies, but have also made a wise financial investment.
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