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Reply to "Is it nuts to be prepping for a food shortage?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Even without a serious food shortage, she has dodged the inflation bullet by socking away food a few months ago. Good for her.[/quote] Actually stockpiling causes inflation because it artificially concentrates purchases that would have been spread out over months. Thanks a lot grandma. This is why inflation is a runaway train. People see a little bit of inflation and then they panic buy and cause an inflationary spriral.[/quote] You really think buying a case of chickpeas is going to cause the price of chickpeas to go up? This is is not why inflation is a runaway train -- it's because everyone got their stimulus checks and suddenly had money to spend. You sound way more high strung and hysterical than someone stocking up on beans and rice.[/quote] Thanks for the insults. This is basic economics. Supply/demand. Google it. This concept is fundamental to the understanding of inflation. [/quote]
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