For the last few months, the word hyperinflation has been finding its way into the news cycles and the day-to-day conversations we all have with friends and family.
The reality is that we have seen hyperinflation before, and we will see it again. Argentina, Zimbabwe, and Germany are only a few historical instances of hyperinflation that devastated their economies.
Unfortunately, it looks like we are headed in the same direction, so we may have little time to stock up before prices skyrocket.
Fuel prices seem to skyrocket without needing inflation to propel them. Oil companies will take any excuse to ratchet up the cost of all fuels, and hyperinflation is one of those excuses.
It is not practical for everyone to store large quantities of fuel but storing away a few jerry cans is always a good idea.
Related: The Best Places Where You Can Store Fuels Safely In An Emergency
Always remember to stabilize the fuel before storing it to extend its life span.
I rotate my small fuel storage by emptying the next jerry can into my truck gas tank and refilling it with fresh gas. The tricky part is picking a day where the price is the lowest.
COVID taught us that panic buying would strip store shelves of the most unexpected items.
I never thought that toilet paper and paper towels would become a hot enough commodity that they could almost have been used as currency.
Remember what we saw during COVID, and keep a healthy stockpile of toilet paper and paper towels on hand.
Dry Goods And Canned Food
We all need to eat, and most of us have food stored away, but when we rotate out the older items, we still need to replenish them.
Hyperinflation is going to make the price of a lot of these products excessively expensive, so stock up while the price is still somewhat low.
Many preppers habitually buy a couple of extra canned or dry goods each shopping trip. If you have not adopted this habit yet, it is probably a good time to start.
Related: 22 Cans You Can Purchase for $1 or Under
Food prices are skyrocketing, and there is no sign of prices easing anytime soon. If you have been falling behind on food storage, now is the time to think about rectifying that.
The best way to combat rising food costs is to grow your food, but you can’t do that unless you have some high-quality heirloom seeds for your garden.
Now is the time to think about buying seeds in case the inflation that we see spirals out of control into a full-scale economic collapse.
⇒ Buy Here A Kit That Has Everything You Need To Start Your Medicinal Herb Garden
Seeds are also a fantastic barter item that will significantly benefit others more than many supplies we would usually save for bartering.
Tobacco And Alcohol
These items are best stockpiled for barter, not personal use, especially tobacco.
It is essential that anyone who wants to be prepared for the potential economic collapse break any addictions or unhealthy habits that they may have to substances like tobacco or alcohol.
Even caffeine is something that we should try and break our habit to. Keeping a carton of smokes and a few bottles of alcohol on hand is excellent for bartering with people desperate for their vice.
There is also the fact that people who are experiencing alcohol withdrawals can see these withdrawals become life-threatening. Keeping some alcohol on hand can help to stabilize these individuals until the crisis is over and supply chains are restored.
I think it is safe to say that the prices people are forced to pay for ammunition are almost criminal. When hyperinflation hits, the cost of ammo is going to skyrocket.
The problem with ammo is that it’s a resource we need to expend to practice the safe and effective use of firearms.
If you have the means, it is a good idea to take up reloading your ammo and stock up on reloading supplies. Whether you purchase your ammo or reload, now is the time to stock up.
Some people need to take regular medication to treat chronic conditions, and if you don’t have good insurance, these costs will add up more and more as inflation gets out of control.
You should try and keep a three to a six-month stockpile of any prescription medications that you need.
Also, stock up on some over-the-counter meds as well. Recently in my country, the supply of over-the-counter children’s pain medication all but dried up. This was due to supply chain issues, but in hyperinflationary times, these types of meds could be priced out of reach for many people.
We have all seen the prices increasing at the grocery store. The cost of meat is no exception.
To combat this, stock up when prices are good, and vacuum seal the meat for long-term storage in the freezer. You can also make pemmican or jerky to preserve it for long periods of time.
If you happen to be a hunter, take advantage of all the opportunities your area provides and try and fill the freezer as much as possible.
Gold And Silver
Gold and silver have significant advantages during hyperinflation. They are precious metals that have a value to the human race which has spanned millennia. Since gold, silver, and other precious metals are not tied to fiat currencies, they are immune to the failure of those currencies.
It is good to stock some gold coins as a hedge against inflation. Still, silver is better for the smaller day-to-day transactions we would be making in the event of an economic collapse caused by runaway inflation.
As of the writing of this article, silver was hovering around $20 USD while gold was about $1750 USD. Imagine trying to buy a few grocery items with a gold coin it would be too overvalued for that type of purchase, whereas a silver coin would be closer in value.
There is nothing we can do about hyperinflation. What we can do is accelerate our preparedness to counter the effects. Take measures in your lives today to make what is probably coming in the future more tolerable.
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Given there’s a war on… you’ve missed the boat on ammo and fuel.
Since we’re in the midst of a pandemic medications, paper goods and alcohol is in limited supply already.
I like the idea of stocking up to save money later, but unless you will consume or use it in time, it’s a wasted effort. I don’t know where you live, but much of Australia is hostile to storing vast rooms of toilet paper for any real length of time. Between the floods, the mice plagues and the fire risk (lol) it’s not worth it.
Prepping is so much more than buying stuff. Yes, this post makes sense, but it’s all the same stuff this same site told us to buy a few weeks ago, for the same reason. It’s a regurgitate.
Stop buying stuff. Go out and USE what you have. Learn how to use it, learn what is a better option, learn what you actually need. It’s not paper towels folks.
(My tips for dealing with the hyper inflation that’s coming? Find work closer to home. Learn public transport options in your areas, shanks pony (bike) and foot path options (walking) and reduce your fuel use. Learn to grow a range of expensive but fast/easy to grow veg (lettuce, potatoes/root crops, some fruits) and invest in insulation and heat/cold proofing your house so you can reduce your energy bills. Get rid of half your streaming subscriptions and shop around for new insurance.
The one that meant the Indian medication manufacturers couldn’t keep up with worldwide demand for meds.
It’s almost over in many parts of the world, but wave upon wave of new variants will push the medication supply demand up and down for a few more years to f come. Nothing to panic about, but not being able to get your asthma meds when you need them is a worry, so stockpile a few months of those
Seriously Bill. By what stretch of any imagination is this a “pandemic” as sandgroper seems to allude to? MSM may want to try and convince us that we’re still in the midst of a “pandemic” but as preppers we know better. We have bigger fish to fry. 😉
Sandgroper: Asthma is a major issue, but smoking peppermint leaf opens the passageways. This is why menthol was developed. What’s used in cigarettes today is chemical, so the best menthol is peppermint. Cloves also help, and are a specific for bacterial lung infections. Also, if possible, never use bleached paper because it can cause cancer. I use natural hemp, Remember to stock copper and brass. silver-plated brass is great, and usually goes for junk price. niio
It said the page does not exist!
Given the way this link gets schilled in this blog I suspect it’s spammers, scammers or hackers.
It’s always shared by a “jim” or ”bob” and always a different link. It’s also using other language emphasis marks and not written in plain English – which is a very odd things.
Maybe check your virus software is up to date and don’t click on these sorts of things?
Haven’t had a look at the website Jim and unfortunately I’m paranoid (careful) enough that I don’t go to websites that I don’t know promoted by people I don’t know. I HAVE heard of gadgets though that are something like dehumidifiers on steroids configured a bit differently that apparently are capable of pulling water out of bone dry air in the desert. They’re apparently used by the “Israeli Army” to produce water in the desert. Have never sent away for the “plans” to build one and I don’t plan to. To me this smacks of a scam. We have to be so careful these days on the internet. Also with e-mails. If you’re the least bit suspicious of any e-mails, whether in your spam folder or not, don’t even open them. Delete right away. Will save you a lot of grief in the long run. There are some very desperate people out there these days. They don’t care who they hurt. Especially the unprepared because now they’re starting to realize they’ll be screwed once it all goes to heck. And at some point in the near future it WILL all go to heck. Right now we’re still living in the reasonable times. We will fondly look back on these times as the golden era. Relatively speaking.
One needs to CAN everything! DO NOT FREEZE IT! What will you do when the electric goes out?! There is really not much you can not can!!
I was thinking the same thing Pat but you beat me to it. A person could have a dozen freezers stuffed full with meat. What are they going to do with all that meat if the power is down for let’s say “only” a month? There’ll be a LOT of emergency barbecuing going on and they’ll have no choice but to share with their neighbourhood. All that effort for naught.
Yes and to add to that thought about home canning. Dehydrating as well. Walk or drive around your local neighborhood. You will be surprised at what you may find. I found dozens of mature crabapple trees,not sprayed. People with apple trees that never harvest them. Hundreds of apples falling on the ground and them running them over with the lawnmower! (I suspect too lazy to clean them up). Mulberry trees, wild grape vines,wild blackberries… It’s amazing what people plant then let go wild because they lost intrest! I did ask if I could have the remnants of the fruit and the answer was most of the time “Hell Yah” take as much as you want! Didn’t have to ask twice!!! I live in the established suburbs, by the way.
Stay safe and God Bless…
It’s good to see a comment on canning.
I just canned a case of 32oz jar’s with wild rice, pasta, etc, all dry goods. I hate canning otherwise, I haven’t got the necessities or space, but dry goods I can handle.
Where I live, a refrigerator isn’t necessary for a good 5 months of the year, it’ll stay good outside in my storage. A person could stretch it for a few more months, if one had their frozen goods surrounded with straw bails and block’s of ice.
Water storage is right up there with canned goods in case of power outages. Unless someone has a hand pump well, I’d say get water stored asap. I don’t know about cities and grid outage’s, how long their water would last. I haven’t even been to a major city in over 15 years.
Pat: We have 2 midsize freezers and freeze as much as we can. In the event power is gone, everything can go in a solar drier. Viva Arizona and the sun that fries out brains LOL. niio
PAT :Agree. What about dehydrating and also freeze drying. A freeze dryer is a good investment, go in with family or neighbors and cut the cost of one.
Dehydrating can even be done with the sun or an oven if you don’t have a dehydrator. But find alternatives to the refrigerator and freezer before things get bad.
For those looking at and wanting the funny lettered link: I don’t go to links when it’s in a comment like that: probably malware, HOWEVER, there IS a machine that will supposedly remove water from the air and make drinking water from it. My daughter in So.Ca. just got one. I’ll have to ask her how it’s doing.
Maybe we can get a good deal on Ammo if we order it from Afghanistan.
I’m sure there are still some good bargains to be had Bryce. Just go on the Taliban website and negotiate with them. LMAO!
You’d have to beat Russia to purchase it from the Taliban.
FLOUR-FLOUR and more FLOUR!!!! Yeast also.
Flour has a minimal shelf life. Gather acorns. Packaged yeast is good to save.
Flour can be saved for a very long time in Mylar bags with the right things put inside such as oxygen absorber and dry and dry packets. Or in dark airtight containers
Wheat berries chuck
The other option Meg. Just remember the grinding mill. Make it a manual one.
Grain. whole grain can keep for decades, but not flour. niio
Make sure you freeze your flour before mylar sealing it. It will kill any bugs that may be in it. 48 hours is recommended.
This article is about 2 years too late. Stockpiling supplies should have been done at the start of the ILLEGAL Chairman Comrade Joe’s reign of terror.
You make a good point here Jeff as prices in my area are already extremely high. Progresso soup, a mainstay for most pantries, on sale last year was 5 for $5 at my local supermarket. This week, it’s 2 for $5. Building up a supply at this time, may not be attainable, but maintaining one’s stock level is. We can do it if we pay attention and take advantage of it when there are sales.
Although I receive my blood pressure medication from the VA, I asked my cardiologist for a prescription for the same drug to stock pile it for a few years. Can not trust China to provide us with medication. USA should manufacture all medication for national security.
Lol good idea to late for that to happen
India makes a LOT of medications for the USA.
China is the main production for it
And I don’t want my medication imported from India either! If you have ever been to India, you will certainly know what I’m talking about! It is a mistake to outsource the production or maintenance of anything to India and an even bigger mistake to take them under ones confidence and expect it to end well.
I suggest learning how to reduce the need for the medication naturally, with your doctor’s blessing, of course. Exercise and relaxation techniques as well as eating the right foods for you can help a lot. Medicinal herbs are another option.
If you’re getting generics, they’re coming from Asia somewhere. My doctor was telling me that two decades ago, complaining about quality control. If you’re up for paying extra for the name-brand prescriptions, go for it. Otherwise, that’s what you’ve been taking already for years. Same with a lot of the store brand OTC medicines.
Of course, when Hurricane Maria hit Puerto Rico a few years ago, we couldn’t get my son’s name-brand (patent hasn’t run out) medicine for several months because the factory was destroyed.
Assume your medicine is being made outside of the US unless you know otherwise for a fact. You’ll most likely be correct. Pharmaceuticals are multi-national, and the meds are made just about anywhere now. Bayer and Merck Sereno are German, Alcon is Swiss, and so on. Teva Pharmaceutical Industries (the largest generic medicine company) is based in Israel but has factories in China, India, Croatia, Mexico, and many other countries.
Dried goods are OK *IF* you have clean water to prepare them.
You also need a way to heat and cook too.
Alcohol stove (Arizona penny can stove and the like), Firebox stove, Hobo stove, all are good options.
…if you don’t have enough clean water to prepare dried food, you are probably toast anyway…
in my opinion i think having a combination of long and short term food storage is your best bet, with freezer goods as a bonus. If/when things go to hell in a handbasket use your freezer stuff first. then your shorter term canned goods, and finally your long term dried goods.
we made a small stove out of leftover bricks we have. the ash can go to the compostpile and be used for gardening. we also have a Berkey and extra filters.
of course if you don’t have good water you probably won’t live long enough to worry about hydrating dried foods.
Food prices will continue to rise as the climate becomes increasingly unstable. Record heat, flooding, drought, hurricanes, late frosts – all these events destroy harvests. Animal feed is more expensive. Pastures are not able to support as many animals. These conditions are unlikely to improve. Marine life has also dropped. It is sad to see how much environmental destruction can occur in a few generations.
The climate is not unstable. The climate is always changing and there is nothing humankind can do about it because God’s in charge! What we can do is take better care of the gifts that God has given us and make sure we do not pollute the air, the water and the soil we need to survive.
The climate is on its regular trajectory. Lady the statement “climate change “ is a made up hysterical agenda by the WEF. A bunch of rich goons who are self elected, and are on the precipice of taking away all of our freedoms!! They will control every single aspect of our lives., think George Orewells movie ., 1984!! That’s why we are in the mess we are in right now! You want civil unrest? You want WW3? You want Central digital coins, who are controlled by an entity that will tell you when and IF you are allowed to spend your CDC? You want a one world GOVERNMENT… that’s what CLIMATE CHANGE means to those of us who know what’s really going on!
Well said CC. This is not so much “climate change” as climate extremes. What so few do not take into account is the Milankovitch cycle. A natural cycle and we’re in the middle of it. Right now it’s going in the direction of more of an extreme phase. Hotter summers. Colder winters. I’m not so convinced we’re in the middle of a grand solar minimum. I don’t see it. While man’s activities on this planet may have contributed a tiny little bit to making the climate more extreme it’s a natural cycle that’s responsible for the extremes in weather we’re seeing. What is a fact right now is that the axial tilt of the planet is decreasing. And the more it decreases the more extreme our weather will become. Never mind all the bullshit from MSM.
You should look at temperature readings over a longer time period. Many climate alarmists quote alarming sounding numbers, but when you look at their data they’ve picked a time range to support the data they want to show. The hole in the ozone layer is a great example. NASA puts up a new satellite in orbit to measure the newly discovered hole in the ozone layer and measure it. To their alarm, the hole was noticeably getting larger at a rapid rate. The data didn’t lie, the hole was fairly rapidly getting larger. Over the next year or so various legislation was passed, THAT STILL STANDS TODAY, that greatly impacted many industries, radically changing the entire US air conditioning and refrigeration industry for many years to come. Costing the entire industry millions upon millions of dollars to change to the new and supposedly ozone friendly refrigerants. More satellite data came in after yet another ozone hole survey. Note that this data supported first dataset that showed the ozone hole getting bigger. Rapidly. And closing as well. Turns out the ozone layer “hole” closes and opens regularly on a 12 year cycle. Has NOTHING to do with how much hair spray we use or how many chrlorofluorocarbons we use. But the legislation stands, fines and ever increasing floor taxes are still being collected and a refrigerant that was plentiful because it was a byproduct of other manufacturing became illegal to use in some cases and incredibly expensive, because of taxes. R134A freon is more expensive because it’s NOT a byproduct of other manufacturing. NASA used the short term data to justify a massive tax increase on a certain sector of business and make a good product prohibitively expensive. We now know the ozone hole closes and opens regularly and has nothing to do with hair spray, etc. Yet all those laws and regulations still stand. Why? Because they make the government money. That’s why. And as far as Global Warming goes, same thing there too. “It’s the warmest ever in 90 years”. Go to data from 91 years and it’s no record. Our planet warms and cools over very long periods of time. Global warming and cooling are very real. But they’re not man made warming or cooling periods. During the last prior warming period there were no hair spray, coal factories or fossil fuel powered vehicles at all. Gore and cronies would have us believe that buffalo fart and some prarie grass fires caused it. Really. Affected the whole planet. Really. There have been droughts throughout history and i’m sure more to come, There have been more severe hurricanes in past history than we’ve seen for decades. It’s called weather, people, and it’s unpredictable. Even now with our vast technology we can’t hit the weather any more than about 3 or 4 days out. Many things affect food prices. Transportation costs have risen dramatically because of extremely restrictive emissions controls on all new vehicles being manufactured. Not saying none were needed as i well remember what our major cities air looked like in the 70s. But we’ve went too far. Way too far in a thousand ways. Modern gasoline/diesel vehicles are rolling science labs with very complex equipment that requires highly specialized training and equipment to maintain. Generally speaking, new vehicles run great, but as the emission devices age, some becoming defective or inoperable in just months after manufacture, they emit far WORSE emissions than an older vehicle on a much lower tier of restriction. Semi trucks that are being sold now, with the “proper” emission equipment installed are traded off or sold by around 6-700,000 miles now. In the late 90s to early 2000s a semi truck, if properly maintained, regardless of engine maker would generally run to around a million to 1.2 million miles before it needed an engine overhaul. Reason i mention that is because that one factor alone has almost TRIPLED the cost of ownership of a semi truck. Wonder why a can of beans is triple or more now? EPA that’s why. Only in the good ol USA are we ate up so completely by emissions. From trucks to tractors, chainsaws to weed trimmers, atvs to mowers. All have ridiculous amounts of emissions that severely shorten the life of the equipment and in many cases reduce it’s performance. Wonder why a simple push mower costs almost $500? EPA. They need to be reigned in severely. Even on their big projects they fail dismally. Trump was government red tape cutting machine and greatly improved business productivity and progress. Excessive Government regulations, collectively known as “red tape” do nothing but slow the economy and hurt business and by that measure, hurt families as well. Businesses have to pay a lot to TRY and jump through all the red tape hoops just to make less profit. They have to pass those costs along or go out of business. Government, in one way or another, is by far the biggest cause of almost all price increases.
Solid facts. Thank you.
RIGHT FREAKIN’ ON RICHARD!!! 🙂 If you look at the historical record of atmospheric CO2 confirmed by ice cores you will find that there have been times on the globe when CO2 levels were vey high and it was very cold. And versa vica. Our climate is a very complicated system determined by many factors that we’re not aware of yet. Over geologic time the earth and its climate have seen many changes and it had nothing to do with us.
S P A M right here.
Please stop Jim. Now you’re just pathetic.
Michael makes some fairly good points as to what we need to stock but as preppers most of us should already have most of them. Booze and tobacky good to have on hand as barter items. Also coffee. Booze can also be used for medicinal porpoises. We’ve already talked about the problems with freezing meat. The big one is fuel. I know there are additives to extend its shelf life but if we have an emp and our vehicles are toast then fuel not much use. You could always use it for Molotov cocktails to combat the zombie hordes. Love the smell of burnin’ zombies first thing in the morning. LOL! Most of the items mentioned are self explanatory and really just common sense. “Paper products” very important as are feminine hygiene products. Not keen on wiping my butt with leaves. The most important things that most of us should have by now are of course food, water, gold (to preserve wealth), silver (to be used for barter) guns and ammo.
it doesn’t hurt to repeat things sometimes even what we consider “common sense” items, for the simple reason there is always new comers who are just starting out and are overwhelmed or simply don’t know where to start. We have to remember everyone was new at some point. In addition reviewing even the simple or basics is always helpful if for nothing else to jar our memory. something along the lines of “OH DUH!!! How could I forget that?” and it is the simplest thing and obvious.
Agreed 2sense. Thank you for the reminder. We’re all at a different stage of our prepping journey. Prepping has been a lifestyle for such a long time for me I sometimes forget about those that haven’t started that journey yet. If there are any of you on this page that haven’t started putting supplies away yet, get ‘er done. Get ‘er done, RIGHT NOW! While the getting is still good. Time grows very short to get ready. If you thought ’22 was bad, you ain’t seen nothing’ yet. ’23 is going to be a right bitch. At some point we WILL see a global depression. Possibly a global famine. Good chance of hyperinflation rearing its ugly head and then all the side issues arising from a global depression. Think Venezuela but a hundred times worse. Every empire in history has collapsed and what we’re seeing now is the collapse of the American empire. The collapse happens slowly until it doesn’t. While you all still can, get as much as you can. Stack it to the rafters and beyond and damn the torpedoes. 🙂
1 Corinthians: 1:18
For the message of the cross is foolishness to those who are perishing, but to us who are being saved it is the power of GOD.
PS; FOR THE TIME, DRAWS NEAR…
I love this verse! Bless you!
Here’s a kicker, I started storing food years and year’s ago, about 18 (too long of story)
Over 22 years I also told people, don’t buy gold, buy bullet’s, you can’t eat gold. I was a bit ahead of the USPS buying up ammo and price’s skyrocketing. But, irresponsible about the food storing.
Long story short, the canned goods, for the most part, expired so they got dumped. All the dry goods went to a food pantry, because I knew I needed to refresh them and that they should be eaten sooner rather than later. I got too far ahead of myself.
My mother was worse than me. Last year, after she passed away, I cleared out her food storage of canned goods. 3 wheelbarrows worth. I dug a hole, opened evey can and dumped them, so I could recycle the cans. I had no idea she’d horded that many.
Moral of the story, be wise, rotate food’s, keep checking date’s, then share with other’s when need be.
Seams a waste to throw out food just because of a date that is only for the company to keep up with its product.
Better to have out of date food then to have none.
If you know how to prep your food in a way for long term then the waste comes to a minimum.
So much waste because of the lack of knowledge. Sad…
You’re so right! Canned food stays good for many years past the expiration date. No need to throw that food away.
No one has mentioned Volcanos. We have had more seismic activity in the last 20 years that has caused eruptions above and below the ocean but no one talks about it. When a volcano burps or erupts the amount of CO2 heat and other gasses release make everything else look like the smoke from a cigar. It’s not mentioned in the halls of climate change because they can’t tax it or control it.
Another thing not mentioned are CME’s Coronal Mass Ejections from the sun which penetrate to the core of the earth to heat it which in turn produces eruptions. Again, not taxable and or controllable so ignore it.
Focus on Cow farts, Farmers, Oil & Gas, and People all these can be controlled and taxed.
This that is spoken, is not why.
But the coming of our Lord, that is the reason why this is apon the earth.
Rejoice in the coming of the Son of the Living GOD almighty.
Find all that it might be, but only the TRUTH shall be seen as you see the Truth.
Open your Heart, not your mind…
We live in Colorado where we “enjoy” mostly gasohol but can buy non-alcohol gasoline at select locations. I’ve tried various commercial fuel additives (e.g., Stabil, etc.) to preserve gerry-can gasoline, but in my experience gasohol cannot be preserved very long. I expect that readers in other regions may use regular (non-alcohol-added) gasoline and wonder what fuel additives they have found effective for fuel preservation? Perhaps additives for marine fuel? Thank you.