6 votes

Hyperinflation preparedness

Hello Folks-

I'm new to this site, but I'm a C4L supporter and wrote in Dr. Paul in 2008. Like some (or most) of you, I've been concerned about the events of the last several years, and have recently begun building my personal plan to deal with the coming storm. Luckily, my fiancee has been very supportive, and we're moving along quickly.

First off, I want to disclose that in my view, we are in a near-term potential collapse of the US dollar as the world's reserve currency, and it is my estimation that this will place us in a situation in which rationing (at the least) or even an outright state of nature are possible. That being said, I am not really concerned about the long-term political ramifications of my purchases at this time. That means, in plain terms, that I do and will purchase any product from the least expensive vendor, and do not pay a premium to support any particular group or vendor. It's nice to help your local church or whatever, but I am more concerned about feeding my family as well as possible for as long as possible, and if that means big-box stores, then it is what it is.

I am writing this because I am not the only person I know who is making these preparations, and I am concerned about the average consensus of what constitutes a good plan when it comes to food storage and liquid capital preservation. This may be more or less of a problem on this forum, but I have invested a great deal of time and thought into this issue, and would like to share. Some of you may be my neighbors, and desperate, starving neighbors are the last thing in the world I want to see.

I have taken a three-prong approach to the coming crisis. The first has been in action for over a decade- tools, tools, tools. They've always been easy to explain, and in the good times, I've made a little money on them as well. I have a good selection of both hand and power tools, all of the highest quality, and I know how to use them all well. Included in that list of productive items is a functioning blacksmithing shop- for those of you who are not aware, blacksmithing is still alive and well as a hobby, and quite frankly, it's a fun time with a group of genuinely good folks. Google ABANA if you are interested in such things. No matter what happens, things will break and require fixing- and if you run out of goods to trade, services are a great fall back position.

The second and third are more recent, and as I have only modest capital, they are likely not quite as impressive as some of you reading this. I am posting to help people who may not have $2000 to invest in food and precious metals right this minute, but can do a little at a time.

Secondary preparation is food prep, our country's newest hobby, it would seem. I have had some concerns about this, as everyone else I know is solely focused on building giant castles of flour, even when they do not know how to make bread. I have three kids to feed, and they're not going to be terribly thrilled or healthy when subsisting on a diet composed of nothing but lentils and poorly made tortillas.

So, I have a list- and it's already been purchased and stored. I tried to bear in mind actual nutritional requirements, barter value, and sensible storage life-spans. My budget was $500 cash, and I managed to get quite a lot for those dollars- here is the list.

Sam's Club (Forget the Chinese, and think about your kids.)

75 lbs Baker's and Chef's Bread Flour -- $23.88
2 lbs Fleishman's instant dry yeast -- $4.68
10 lbs Krusteeze Pancake Mix -- $6.98
2000 ct box of individual sugar packs -- $11.63
3 Cans Folder's coffee -- $37.38
2 Spray cans cooking spray -- $5.98
6lb can Crisco -- $7.88
8 40 oz jars JiF peanut butter -- $31.92
2 45 oz Famous Dave's BBQ sauce -- $5.98
3 15 oz jars Alfredo sauce -- $6.17
2 64oz bottles Mrs. Buttersworth syrup-- $6.68
5lbs clover honey -- $11.35
4 32 oz jars Smucker's jam -- $5.42
12 boxes Macaroni & Cheese -- $8.48
5 lbs Egg noodles -- $5.98
3 pantry packs spag. noodles (18 lbs) -- $14.94
2 cartons Idahoan instant potatoes -- $10.96
16 Cans sweet corn -- $11.16
16 Cans sweet peas -- $10.96
8 Cans Hormel Chili -- $6.98
10 Cans Chicken Breast -- $19.96
20 Cans Tuna Fish -- $12.58
8 Cans Pear Halves in light syrup -- $9.98
8 Cans Peaches in light syrup -- $9.98
8oz Lemon Pepper -- $3.48
33oz Garlic Salt -- $6.48
24 lbs Iodized Salt -- $5.88
36 oz Black Pepper -- $11.76
10 oz Dried Oregano -- $5.96
82.5oz Lemonade mix -- $5.98
Pre-sweetened KoolAid (makes 36 qts) -- $5.98
140 .5L bottles of water -- $15.92
500 ct 10" x 12" sheets tinfoil -- $9.28
18" x 3000 feet plastic wrap -- $15.98
1 gallon Dawn Dish soap -- $9.98
172 Oz. All Laundry Soap -- $10.98
4 Gallons Bleach -- $5.88
326 pc 1st Aid kit -- $19.98
8 32 oz. bottles hydrogen peroxide -- $6.96
6 500 ct Ibuprofen (3000 ct total) -- $26.58

WalMart (Yeah, I know, but at $4/gal gas, I didn't want to drive further)

Hunts Spagetti Sauce, 16 cans -- 13.44
Dry Milk (10 packs makes 2.5 gal.) -- 8.82

All told, under $500. I wrote this up off the original list, which I deviated from (but only slightly- I added some lemon juice extract and a few other small things), so my total is no longer %100 accurate, and I'm not going to post that.

Some notes on this: Whenever possible, I bought single-serve packs. This is good for "small change" (toss in a handful of sugar packets on a barter trade, for example) and does not expose the entire stock to air when opened. I don't know about you, but I simply can't eat 10 pounds of whatever because it came in a can that size, and I'm not banking on refrigeration for leftovers. I can eat a normal can of peaches without wasting them, and the remaining cans can be saved, unopened, for later.

I also bought things we normally used, and tried to mind sensible ratios. We actually make homemade bread now, and I know that 2 lbs of yeast will raise 75lbs of flour nicely. The plan is to continue to grocery shop as normal, and rotate stock as we buy new items. It makes no sense to store stuff you don't understand for years until you have to throw it out because it went bad.

Also, note the spices and the sugars. You might be able to live on flour, rice and lentils, but do you really want to? Health-wise, a ton of wheat might keep you from starving, but it won't prevent scurvy or goiters. And, the neighbors have all the flour in the world as well- do you intend to trade a cup of flour for a cup of flour? I'll bet a solid pot of coffee on the right day is worth a big sack of flour. Sugar on the neighbor kids' birthdays might buy you a gallon or two of gas, if it's around. And after a few months of bland tortillas, imagine the value of being able to flavor your meal a bit with some nice herbs or lemon pepper.

The third leg of my paranoid tripod is silver. 90% US-minted silver coins, to be exact. Gold is nice, but I don't generally purchase anything worth a big hunk of gold on a daily basis- twenty or thirty bucks seems like a far more useful amount of cash for a single transaction. It's easy to understand, and commonly available from coin shops and ebay. I know how to spend a silver dime, not so much when it comes to a gold double-eagle- who is going to make change for that when I'm looking for a can of beans and a gallon of milk? It's too bad Silver is in such a boom right now- that'll be nice if everything magically straightens out, but it's a shame when I'm looking to it as an alternate form of cash, and not an investment. Buy on the dips, if you can manage it.

What I'm going to point out here is that I am emphatically *not* stockpiling stores of guns. I have a very nice 30-30 lever action with some boxes of ammo- that's it. Let's face it, if I have to use it on people, the game is just over. I can hold off a bad guy or two with what I've got, and my rifle is great for hunting fresh meat (I do love some nice venison, and even a squirrel or two in a pinch) but there's no realistic way that I'm going to hold off a hungry mob or an aggressive military force single-handedly- and you won't either. Let's all try to hold off on shooting the neighbors when the SHTF, please. I'm not a pacifist, but neither do I want to see a new dark age in the US with rule by the guy with the biggest arsenal. I'd much rather reorganize and rebuild- Mad Max was a fun movie, but I don't want to live there.

The last thing I'm doing isn't open to most folks, but I'll toss it out anyhow, just in case. I've been a machinist for about 18 years, and that puts me in a nice position to produce some useful durable goods. My current project is a Stirling engine that is ultimately going to be attached to a commutator from a scrapped generator. The nice thing about a Stirling is that any heat source will power it, and it can be reversed so that if mechanical energy is put into the engine, it will generate extreme (down to -10K) cold. Even if you can live without it, it'd be a really nice thing to be able make a little ice on demand on a hot summer day. A useful little toy to have, and if anyone else here has the skills and tools to make one, I have a full set of Solidworks 3d models that I'd be willing to consider sharing.

Anyhow, that's my $.10 (in silver, of course.) Take what you can use, and discard the rest.

Good luck, folks!




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Awesome post!

Thank you very much for the list! I think that is a good place to start for me. I agree, the coming crisis is inevitable and will be coming sooner rather than later. My biggest obstacle is my family. They all believe I am crazy for talking about being prepared and having a food/survival plan in place. My wife especially believes that the world as we know it, will never end. She has been in denial, but is slowly coming around. Unfortunately, it is not quick enough. I have talked about food storage and purchasing silver as well. Since we have a large family, money isn't just readily available. The one thing I have gotten her to see is the urgency in which we need to start paying down and paying off debt. Like most families, we financed alot of our lifestyle with credit. This changed when I was awakened to the true state of the world, which occurred during Dr. Paul's 2008 run and I have been focused on nothing but the facts since. I wish I would have woken up sooner, so that we were better prepared now. Thanks again!

Don't forget Pop Corn

A 50 pound bag at Sam's is a little over $16.

Tell me if you know better, but I believe that pop corn is still not genetically modified.

Not only does this make a great snack, but you can grind it into cornmeal as well.

You could probably put it up in 1 pound bags for barter if conditions were right.

Nice-

I *had* forgotten it, but it's going on the list now.

Aut Invenium Viam Aut Faciam.

Let us consider: whom we shall survive with? Please add clay.

Please add Clay to your list.

        PROMETHEUS

    PROMETHEUS was the Titan god of forethought and crafty counsel who was entrusted with the task of moulding mankind out of clay. His attempts to better the lives of his creation brought him into direct conflict with Zeus. Firstly he tricked the gods out of the best portion of the sacrificial feast, acquiring the meat for the feasting of man. Then, when Zeus withheld fire, he stole it from heaven and delivered it to mortal kind hidden inside a fennel-stalk. As punishment for these rebellious acts, Zeus ordered the creation of Pandora (the first woman) as a means to deliver misfortune into the house of man, or as a way to cheat mankind of the company of the good spirits. Prometheus meanwhile, was arrested and bound to a stake on Mount Kaukasos where an eagle was set to feed upon his ever-regenerating liver (or, some say, heart). Generations later the great hero Herakles came along and released the old Titan from his torture.

http://www.theoi.com/Titan/TitanPrometheus.html

'Tis convenient that you may create your own survivors out of clay.

Best regards.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Pagan Mythology

Won't get you very far in a crisis.

Unless you're taking up pottery you might better consider a few bags of potting soil for starting seedlings and a project such as this:

http://www.globalbuckets.org/

A really great urban farming system.

Disagree entirely

Mythology was created to make it easier to transfer knowledge from one generation to another in the era before the invention of the printing press. Myths are nothing less than wisdom made verse. True wisdom is timeless- the ideal of a human champion who is willing to oppose even the king of the gods at any cost to himself is exceptionally apropos to the situation at hand, as that is what we currently need. Remember Nathan Hale. America will always have her sons, even when she apparently hates them. If they are not me and you, then who and where are they?

In this case, the myth is Greek in origin, and lest we forget, Greece was the cradle of Western Civilization. Western Civilization is the thing which I am trying with all my might to preserve, and the metaphors they used are entirely apt regarding several different crises. Do you honestly believe a group of farmers managed to stand up to (and defeat) the strongest military force in the world by hiding out and making sure they had enough seeds? They looked to the men of honor and action who came before them, and used them as inspiration to forge ahead to something new and even greater.

Never underestimate the value of a classical education. A classical education teaches the student to think, and provides a framework against which current situations can be judged- how else would you know to look for trojan horses?

Carl Jung was the one who defined the idea of archetypes, on the foundation of Plato's philosophical system (another Greek, mind you) and an archetype made flesh is precisely what is needed in a time of crisis.

You know what you are fighting for, or else you would not be doing it. Don't denigrate your own motives by ascribing no more than physical survival to them. We are in this mess precisely because we allowed Kantian and Hegelian thought to poison our culture and pollute our philosophy, and everyone who saw it happening shrugged and dismissed it as impractical to consider the roots of the philosophies handed them. Our educators abandoned classical education in favor of memorizing facts and political indoctrination, our economists abandoned the Austrian school in favor of Keynesian Ponzi schemes- and we get what we now have as a result.

Growing potatoes will keep you alive, but only a philosophy will rebuild the world. Philosophy is more than syllogisms and arcane arguments- it is a spur to action and can be a focal point for those who do not or can not articulate the rationale behind what it is they are doing. It informs the emotions that provide the fuel for men to stand and fight no matter what the odds. It gives voice and reason to those who have long slept in comfort when they are suddenly cast out into the cold, stark light of reality.

Surviving the first battle is just that- the men and women who still have the energy to stand will be the ones able to begin the rebuilding, and they are the ones who will be able to define the frame with their ideals. I, for one, intend those people to be me and mine- I am not content to allow the greatest nation in the history of mankind and it's underlying philosophies to fade into obscurity while I tend my garden.

Nothing moves without ideas- I would have thought that was self-evident- especially on a site honoring one of the strongest proponents of Natural Law and Reason in the world today.

As to the other point, thanks for the link.

Aut Invenium Viam Aut Faciam.

There's a reason behind the name,

Thanks for noting it. I'd expect no less from the great Samuel Clemens.

I took that name/title a long time ago, and as one of my mentors noted,

"Take any motto you want- you'll suffer it."

Aut Invenium Viam Aut Faciam.

Better get some non-hybrid seeds in that mix

You have enough food to last a growing season, then you'd better be able to produce.
Great list though. It's AMAZING how much all that stuff costs now. When I stocked up last it was half that amount and we're only talking 2-3 years.

There was a gardening thread here for awhile

But it seems to have slipped away.

For lack of a better place, I'll just leave a contribution here.

This was pointed out to me today. You may be able to use it for your urban gardening project. I hope some of you actually see it.

http://www.globalbuckets.org/

Truly impressive container growing system.

Comment to add

Not sure the Fleishmans dry yeast will last very long. You may want to have an active on going yeast culture. One of the best barter items is vodka in glass bottles, infinite shelf life. Also potatoes will last if kept cool and can be grown easily and are very nutritious. Another tool you should consider is a good rototiller along with a manual seed planter with some basic garden tools. A wood stove and chain saw along with a buck saw and axe will keep you warm and be able to cook in an emergency. If you have any room on your property a small pond stocked with bluegill and a chicken tractor for fresh meat and eggs is a good idea. Plenty of canning supplies, pressure cooker, dehydrator and the knowledge in how to preserve food is essential.

Good additions!

As far as the yeast goes, I know from previous experience that it will last over two years if kept in a sealed jar in a cool place after opening. I have tried keeping an active sourdough culture, but I was not that good at it, and ended up with a lot of fruit flies after a month. Prior to that, it was ok, and I could do it again in a pinch.

I'm keeping an eye out for vodka, mainly just deals. If it's a kind I like, I'd be inclined to drink it eventually, so there's no worries about infinite shelf life or no.

Idahoan potatoes don't go bad at all (dehydrated) and taste great- we'll still get taters fresh, as my SO works as the manager of the local grocer's produce department. We normally use the big carton of instant anyhow, so it's just backup here.

I did not mention the cord of wood, but it's there too. Can't do the pond or chickens, as they would violate local regulations, but maybe I'll get a roll of chicken wire to make a coop if the SHTF.

Aut Invenium Viam Aut Faciam.

Aquaponics

I have been researching aquaponics for a while now. The fish i started a couple of years ago are alive and doing well. Today I had a couple of ducks land in my small pond. They ate several of my fish before the dog chased them off. I need to fix that with some chicken wire.

www.aces.edu/dept/fisheries/education/documents/barrel-ponic...

The system at the link above is a basic one that is small enough to be almost apartment size and demonstrates the potential of the concept. By its nature its all organic, any pesticides or weed killers doom the fish. The system uses the fish to produce the fertilizer for the plants using the nitrogen cycle. Beneficial bacteria produce nitrites and then nitrates converting the fish affluent into food for the plants. The water after cycling through the grow beds is cleaned of the ammonia to be returned to the fish tank clean and fresh. For a urban setting aquaponics is very productive and takes up a small space.

Very cool

Saved the .pdf for my to-do list. I especially like the clear directions and the guy's attention to craftsmanship.

Aut Invenium Viam Aut Faciam.

I've taken the US approach.

I've taken the US approach. I've taken as many student loans has possible (US government student loans of course), about 50k worth, then I bought up gold etf, silver etf, foreign stock, and other valuable assets. So if hyperinflation happens, the debt side of my balance sheet will be worthless, while the asset side of my balance sheet will go through the roof. MUAHAHAHAHAHAHAHAHAHAHAHAH

"The economy's not a class you can master in college. To think otherwise is the pretense of knowledge."

love that evil laugh.

love that evil laugh.

Thank you

posted your post on Twitter for my 451 followers there.

Great job!

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

excellent post. If every

excellent post. If every family would take these types of precautions we would not have to worry about civil unrest. We could go through the FED induced hypinflation, let it run its course and then start all over. Great thread and great advice.

all I would add is non hybrid seeds, a berkey water purification system with extra filters and lots of toilet paper. Then as you can rebuy your list above 10 TIMES. You should have enough food and supplies to last 2 years for each person in your family.

Firearms. Lets face it.. I think you are wrong here. A firearm is a tool. there are different tools for different jobs. Even tho you are preparing there will be many "richard craniums" that won't. Your 3030
may be good to take down a dear and have some rear factor to it, but you also need a good shotgun and pistol. Then again if you live in the burbs or a big city you are right. Remember tho a good rifleman/sniper can keep a whole bunch of people away. I know this is hard to think about but a good military type battle rifle and the know how to use it is as important as all the supplies you lay in.

Another area I see is a wood burning stove and Firewood. other then that you are well on your way to being as self sufficient as possible.

Location, Location, Location...

I've got the water covered with a combination 5gal sand/charcoal filter that can be easily remade, and an ozone generator. If the lights go out, bleach and/or boiling can do a lot with water. I'm blessed with living in a place with some of the cleanest, nicest water to be had anywhere, bubbling from artesian springs all over the place.

Heirloom seeds already go in the garden every year. That's a hobby and just a good idea to me, so I didn't even think to add it. Unfortunately, with two daughters, there is not enough TP in the world, but we've got a nice stack of it.

As far as the guns go, you are likely right. I have a hard time with it. First, I live in a town of 3000 far from everyone else, and I would be shooting people I see almost every day- not so easy. If I was on a farm, it'd be different. Second, I was raised by a militia man who was a gun bug. He wasn't the nicest man in the world, and his behavior proved over and over again to be useless and dangerous- I am trying to get over it, but it's a long, hard slog. Since I live in town, I believe that my one rifle would be a useful addition if we were in a situation where citizen action as a group was required, and that is why I have it. I hope it doesn't come to that.

Aut Invenium Viam Aut Faciam.

My retreat is a town of 5000

My retreat is a town of 5000 and yes I see what you are saying. I will be helping my neighbors. You will not have much of a problem in that town. My place is in the middle of farmville so most of my neighbors will just need seeds. I have 2 duaghers too and they have not made enough trees yet to furnish them with their needs. lol. You are set well. The only thing I worry about is outsiders, bikers etc. Also think about night vision and tactical gear/communications.

Yes, there's an app for that.

Not sure what you mean by retreat, but I'm going to assume you at least visit the place often. If that's the case, consider the local geography.

In my location, there are five roads that enter the town proper. Of those five, four are county highway "back roads" that can be defended by three or four riflemen at a crossroads, with long lines of sight in every direction over flat farmland. Locking off those points would preserve vast acreages of farmland as well as the town proper. That does not account for intentional fires, but we do have a lake in town, and a fire department.

The last is an exit off a State highway that could be somewhat problematic, but not terrible. It is an overpass situation where there are on-ramps and off-ramps. Again, a decent point for the installment of riflemen on the overpass, where there is existing cover in the form of concrete guardrails. The worst part here is that the highway runs along a residential area for about 2 miles, and there is not much more than a chain-link fence to stop anyone from hoofing in. The ameliorating factor is that the state highway is relatively straight, and diligent lookouts could spot intruders from the vantage point on the overpass.

I confess, I did entirely overlook communications. That is a fine idea. CB-band walkie-talkies ought to do the trick.

Aut Invenium Viam Aut Faciam.

Another prep to add might be

Another prep to add might be some means of sustainable food production in the event that it may be a longer period of collapse than expected. For example, something like a bunch of fruit trees planted around the property if you have the space, etc. It might not completely replace all other preps but could help to make your stored resources last longer.

The stirling engine sounds interesting.

...

Too cold for fruit...

But I've been an amateur tomato farmer for years! I can get hundreds of nice, heavy tomatoes out of my little plot every summer, and have been doing so for years. Even forgetting the worst-case scenario, there's nothing quite as good as home-grown 'maters.

Aut Invenium Viam Aut Faciam.

A year ago I had gotten some

A year ago I had gotten some free seeds from a horticulturalist who devised an interesting way to grow an extreme amount of tomatoes (from a specific strain).

What he does is digs a fairly deep wide hole and loads it with layers of food waste, etc. Basically a big compost pile. The tomatoes are planted at the top and they appear to grow almost out of control. If I'm remembering correctly, he mentions on the site that one plant can grow something like 1 or 2,000 pounds of tomatoes in a season.

I never got around to giving it a try, though, as I have moved from where I was previously living and had plenty of land there to use.

Anyhow, here is the website: http://www.rotheraine.com/ and here is the page with info on the seeds if you're interested in trying it out: http://www.rotheraine.com/starseed.html

...

excellent post. I was just about to comment on the inordinate

amount of flour, when you addressed that very issue.

True, things like coffee and sugar adn spices will be in high demand.

Best of lick to you in not having to rabidly defend your stocks.

Unfortunately, I do not share your optimism in repelling attacks, much less how important that will be.

Certain goods are important, but only to get you through one season. After that, survival is all skill based.

And yes, I think we stand a good chance of that scenario.

Skill-based survival

Defense is predicated in large part on your location. In a small and relatively isolated community with very homogenous ethnic makeup surrounded by thousands of square miles of forest and farmland, I am disquieted by the prospect of violence being required, but it's not inevitable. Ive been talking with members of the city government and police force, and they have been receptive to the idea of planning to avoid a period of lawlessness. If we can keep the lights on and the food bank open through the worst, I am confidant that my town will be able to revert to a 1900's style farming community for as long as needed- we even still have a lot of the old tools laying around in sheds and barns if needed.

In that scenario, the skills required for survival change a lot. My planning is to get my family through the worst of the crisis phase, and when the rebuilding begins, that will be a different story. Not everybody was a gunslinger in the old west- many were shopkeepers and farmers, and they paid a sheriff to do the fighting.

Also, a close friend of mine is a retired MP who lives next door and actually does have an arsenal. We've discussed the value of cooperation in the coming storm, and we have a plan, along with some others in our little community. If I had to, my 3030 only needs to get me over 50 feet of backyard.

It's like the flour. So many people hoard guns, it makes far more sense to be able to generate electricity, purify water, make or repair plows, fix engines and all the other things that make long-term survival and even prosperity possible.

Maybe a better way to put it is that I'm not the Infantry, I'm the Engineering Corps. We'll need both, no doubt about it.

Aut Invenium Viam Aut Faciam.