Load Up the Pantry
April 21, 2008 6:47 p.m.
I don't want to alarm anybody, but maybe it's time for Americans to start stockpiling food.
No, this is not a drill.
You've seen the TV footage of food riots in parts of the developing world. Yes, they're a long way away from the U.S. But most foodstuffs operate in a global market. When the cost of wheat soars in Asia, it will do the same here.
Reality: Food prices are already rising here much faster than the returns you are likely to get from keeping your money in a bank or money-market fund. And there are very good reasons to believe prices on the shelves are about to start rising a lot faster.
Full article here.I am currently looking into getting setup to seal bulk purchases into mylar bags with oxygen absorbers, so they don't spoil before we use them. I'll be posting about that. In the meantime, another good read is this food storage FAQ.