Bread Prices - Raging Inflation - The BIG LIE of low inflation

The cost of bread has gone ballistic.  I've watched the price at trader Joe's go from $2 to $4 in about the past five years.  I'm not exact on that, but I remember paying almost half.

This one I am exact on since I have the receipts.  In 2010 I bought this bread mix from Amazon for $11.30 each  pack of 6, delivered.  In 2014 I paid $13.84 for the same product. The current price is $20.22 for the same amount.

Hodgson Mill 9 Grain Bread Mix (pack of 6) at Walmart.

As you can see, the price at Walmart is the same as Amazon for the moment at $20.22 per pack of 6 boxes.

My point here is that your cost of buying an essential like bread has gone up drastically.
20.22 - 11.30 = 8.92 / 20.22 = .44 x 100 = 44%

This has happened over the course of five years but this should show you that whatever we are being told about inflation and the cost of living commonly called the CPI or consumer price index is a pack lies.

Even as late as 2014 you got the same bread for only $13.84

20.22 - 13.84 = 6.38 / 20.22 = .315 x 100 = 32%

So in the last year we had a 32% increase on a staple such as bread mix.  Admittedly this is a limited sampling but I can tell you that the price of powdered milk has about doubled at Sammy's Club along with the price of Tuna in cans.

Things are moving up rapidly and one thing that isn't going up is wages especially since we are being flooded with illegals willing to work for lower wages, thus suppressing wage increases.

It looks like food is still a great investment based simply on the fast rise in prices on many of the basic food supplies that someone may normally want to have a good stock of for long term storage and rotation.