There is only time for a short pantry post today but it is about an important subject.
I don't know about you but I'm seeing articles about the probability of high inflation everywhere. Last night, I was watching a show about financial matters on PBS that has been on for as long as I can remember. I am not an investor but their conversations can be interesting.
The subject of inflation came up and while the guest said he did not believe we would see 1970s era 14% inflation, it is inevitable that we will see prices rise. Especially with the government printing money like crazy.
Of course, with the pipeline now shut down, the price of gas has skyrocketed already. I read an article last week about how the much higher price of gas is going to increase prices due to the cost truckers need to pay for their fuel once again.
That is on top of food inflation already caused by various weather related disasters. The article said trucking companies are already having trouble hiring drivers since the cost of gas has risen, each price increase cuts into their profit margin.
I had to pick up a prescription this morning so I stopped by the store to buy cashews my husband requested. He was shocked that they are now almost $10.00 for the one pound bag. I had no idea he was paying less than $7.00 the last time he purchased cashews.
We have already seen inflation with the need to have our deck replaced. The price of a new deck doubled in our area this last year due to a sharp increase in the price of lumber. (I wish the termite damage had shown itself earlier!) So, I'm thinking instead of having the deck torn down and putting in a patio instead. There usually are options.
If one or two experts are talking about a subject, I think they are possibly correct. When every expert is predicting something, it is a probability and I am paying attention. It is time to prioritize expenditures now, especially items like fixing the deck and getting the re-plumbing done in the garage.
I'm going to do some much smaller things to hopefully spend less money, too. My winter coat hasn't been dry cleaned in a few years so it is going to be put in the cleaners as soon as we stop having temperatures below freezing. I want to spray paint the old wicker rocking chair so I'm going to shop for cans of spray paint in a couple of weeks.
I already replaced my wellies when they went on sale. Putting duct tape on the cracks made them last two more years. I'm going to make a list of any small items that need to be replaced now. For instance, I need a new can opener. I store my old (but still useful) can openers with some emergency supplies. That is essential if one is stocking canned goods as part of a deep pantry.
So, I'm wondering... are you seeing any inflation where you live?
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