It’s all bad. Should there be shortages, it will be worse.
“It’s all bad. Should there be shortages, it will be worse.”
And thus you stumble on the MAIN REASON for a person to be a Paranoid Prepper, like me. Most people will be able to handle higher prices - they simply will have to compromise in places (such as living with a 46” plasma rather than a 54” plasma, or watching the Astros on TV, rather than going to the games, etc.). But what will really bite will be when political pressure forces the Romney Administration to impose price controls. That then ASSURES shortages - in gas, food, clothes, everything. For gasoline, it is exceptionally bad, as it means multi-hour lines, when you can find an open gas station. We’ve seen this before, and we’ll likely see it again.
So, what to do? STOCK UP!!! Yes, Sam’s club has lots of stuff - until everyone expects shortages. Then they will have their shelves cleaned out in a matter of hours. But right now - with people in a drug-induced trance, the shelves are full. Take advantage of that. Anyone with the money and the storage room that does NOT have 4+ years of EVERY non-perishable stored up is playing with fire. Things will get ugly, very ugly, and it’s just a matter of how comfortable you will be when the music stops.