I was in my local Albertson’s and was doing my usual trawling of the meat department for bargains when I notices that a large amount of ground beef was plastered with the “30%” off stickers. But no “50%”. I inquired at the meat counter and was told that a) meats aren’t getting marked down 50% because the demand is high enough that it will sell at 30% off and b) the 50% is too much of a price cut because of the higher prices they are having to pay these days. That last part made no sense but the guy in the white coat and hairnet isn’t a finance major.
Regardless of the guy’s statement, I can see some of what he’s getting at. No two ways around it, beef prices are up. Ground beef is at prices that, to me, are just ridiculous. Fortunately, chicken is my main go-to for animal protein and I can usually get that on sale for around $1.99/#. But my meat trays, which have been a staple of my freezer stocking program for quite a few years now, are reflecting these new sensibilities. Gone is the 3# “Log” of ground beef that used to make up 1/4 of the tray. And the sirloins which sometimes were part of the tray are now completely gone. Whats left? Pork and chicken. Invariably it’s now some type of sausage, pork steak, chicken legs, and some other cut of pork. In my opinion, not really worth the bother anymore.
Fortunately, I’ve been stocking the freezer long before this, and chicken is my main choice of meat, so the relative high price/scarcity of beef doesn’t really faze me. But…it is kind of unsettling to think that in a country whose supermarkets were incomprehensible to people from communist countries, we are starting to get the very faintest of whiffs of the kind of supermarket shortages that we always associated with Communist/Socialist states.
Come to think of it, this year is the first time I have ever seen national-level grocery store shortages. We had The Great TP Rush of 2020, and similar runs on things like Rice, pasta, frozen pizzas, and that sort of thing. Sure, we see it when hurricanes and earthquakes occur…but that’s usually a local-level thing. Earlier this year it didn’t matter if you were in Alaska or Alabama, you weren’t gonna get to squeeze any Charmin.
And now, as there is talk of ‘re-lockdowns’, it might be time to make sure that you’ve learned your lesson from earlier this year. And, by the by, even if there’s not a shortage of [beef/pasta/rice/TP] I can almost guarantee you that there is going to be a shortage of money. I think right now people are holding onto their cash with both hands as they worry about the market, their jobs, etc. Housing prices in my town, which were ridiculously high, have come down slightly as people are deciding that perhaps this isn’t the year to be spending huge money and perhaps it might be better to just hold onto that down payment money until next year…you know…’just in case’.
Its the weekend, so for me it’s time for another $50 towards getting items on the Preponomicon into the green. Go. Buy. Stockpile.
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