For the past two months I have been overstocking my pantry with non-perishable food items.
My principal reason for overstocking is inflation.
If the price of food products is increasing by 7% annually, I can get a better return on my money by buying non-perishable food that I can get by buying a bond that yields 3%.
If there also happens to be a food shortage, then that is just ‘icing on the cake’.
It’s not just food storage.
It’s toiletries, cleaning supplies, medical supplies, paper products, laundry and dish detergents, gardening supplies, food preservation supplies. This is the time of year to stock up on canning supplies and learn to can, if you don’t know how.
Don’t forget footwear. Anything you need like new shoes and boots, clothes that are not yet ready to wear out, but will be soon, stuff like socks and underwear.