New York, NY – I don’t want to alarm anybody, but maybe it’s time for Americans to start stockpiling food. No, this is not a drill.
Join our WhatsApp groupSubscribe to our Daily Roundup Email
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.
You can’t easily stock up on perishables like eggs or milk. But other products will keep. Among them: Dried pasta, rice, cereals, and cans of everything from tuna fish to fruit and vegetables. The kicker: You should also save money by buying them in bulk. read extended article [wsj]
they said the same in y2k, but nothing happened
We used to feed the world. Truman’s operation breadbasket during the cold war. Our farmers produced enough food to feed the US, Russia, and China.
Now we can’t feed ourselves because we let environmentalists starve people to save ?. Maybe we are genovim, maybe we do indulge ourselves more than necessary. On the other hand this is not a crisis this is a fiasco. We pay farmers to let the land lie unused so that our “friends” can bleed us dry. Neither of these candidates have the guts to stand up to special interest groups that fund them. If not now when, Hashem yirachem.