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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][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] Again, do you REALLY think someone buying a case of chickpeas causes inflation? If several companies all bought up all the chick peas available, then yes, basic economics means the price of chick peas would rise. Someone stocking their pantry -- even 1,000 people stocking their pantry -- is not responsible for inflation. So ridiculous.[/quote] Yes. REALLY. 1000 people is a bit of an undercount, no? And you do realize that these same people are buying many many items months in advance. Like cars for example. Seriously, spend some energy educating yourself rather than arguing with random internet guy.[/quote] I have no idea how many people are stockpiling food, but I have enough for about 3 months and I bought that during COVID, before inflation was a thing. So, not sure how I tipped the scales. Also if only prices of shelf-stable foods were going up then you might have a point, but actually cans of beans are the same price they were 2 years ago, while fresh food is way more expensive now. So still not adding up. [/quote]
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