At a rate of 4%, inflation will halve the purchasing power of your savings in about 17 years; at 6%, the process will take just 11 years and a change. Worse yet, depending on your location and lifestyle choices, the inflation rate you experience can be much higher than the nation-wide government numbers imply. For example, the skyrocketing housing prices in the SF Bay Area have halved the purchasing power of some renters and would-be homeowners in a matter of five years or so.
At the time, Americans were marvelling at engineering advances—attendees at the 1893 World’s Fair, in Chicago, beheld new uses for electric light—but were also protesting low wages, poor working conditions, and corporate greed. “It was very much like today,” White said. “It was a sense that the political system had spun out of control, and was no longer able to deal with society. There was a huge inequity in wealth, a stirring of working classes. Life spans were getting shorter. There was a feeling that America’s advance had stopped, and the whole thing was going to break.”
In the early 20th century, the world kept witnessing just that; a series of bank runs and economic contractions forced the governments around the globe to act. At that stage, outlawing fractional-reserve banking was no longer politically or economically tenable; a simpler alternative was to let go of gold and move to fiat money - a currency implemented as an abstract social construct representing indebtedness, with no predefined connection to the physical realm. A new breed of economists saw the role of the government not in trying to peg the value of money to an inflexible commodity, but in manipulating its supply to smooth out economic hiccups or to stimulate growth. Depending on who you ask today, contemporary monetary policies - especially in the era of bank bailouts and debt-fueled GDP boosting - are either a brilliant way to stabilize free markets and promote wealth, or a reckless charade that papers over systemic problems and sets us up for serious trouble in the coming years.
Only buy preps that you use on a regular basis. I have heard of people throwing away their old out-dated food storage because they can’t give it away to the food bank since it has expired. There is a psychological factor if it looks old and not as appetizing as the new stuff then most of us won’t eat it. I have a friend that was diagnosed with a terminal illness. After the diagnosis, she was very particular about what she would put in her body. All expired foods were given away and who can blame her. Rotating your short-term food storage and not buying extras of the things you don’t eat regularly can keep you from wasting money.
Bombs rain from the skies, alien ships descend with lasers ablaze, improbably proportioned, irradiated sea monsters tear through essential infrastructure. You'd think that running, screaming, and finding clean underwear would top the list of activities likely to improve your chances of living, followed closely by finding a sustainable food source and offering sexual favors to the person with the most impressive arsenal. Unless you were a prepper, in which case you'd be worrying more about the safety of your cigarette stockpile.
Revealingly, however, many doomsday preppers’ fears are not based on speculative, sci-fi-style catastrophes but on disasters that have already happened. “Watch a documentary about Katrina. Look at something about Sandy, years afterwards. Look at Puerto Rico right now,” Scott Bounds, a member of N.Y.C. Preppers, says. “You have to realize that people are not going to come take care of you. You really have to be able to take care of yourself.”
As you will undoubtedly notice, much of the content in this section has little to do with hardcore prepping; some of the chapters touch on seemingly banal topics, such as financial planning, community building, or the prevention of burglaries and car wrecks. You have heard most of this advice before - but if you are serious about dealing with adversities and shielding yourself and your family from harm, you need to internalize these rules, understand where they are coming from, and actually live by them every day.
Gaye, I have worked for Green Giant for many years. It is their harvest season now. They have giant warehouses to in which to store their can goods for the next year. They have to get rid of last years cans, to make room for this year’s cans. Have you noticed that in the fall of the year, can fruits and vegetables go on sale. I’m not telling you to not buy them, but keep in mind that most of them are last years crops, and as such, are one year old when you buy them.
Food storage should be an integral part of any prepper’s contingency plans. The best prepper food storage containers should not be overlooked if you want your food stores to last. Storing your food in the right containers can give you peace of mind when it comes to your family’s sustenance. If you are starting from scratch, start small and work your way up. I personally prefer to rotate out my pantry using the first in, first out (FIFO) inventory technique. This ensures that I don’t have much food expire (if any) and gives me good visibility of what I actually have stored. Whether you stash your food for 15 years, or rotate your supply every 6 months- the right prepper food storage containers can give you a leg up with your shelf life. Keep exploring, stay prepared, and be safe.
When most people start thinking about family preparedness, they focus on food. Not shelter, gear, sanitation, power, self-defense or the myriad of other concerns that need to be addressed following an emergency or disaster situation. Quite simply, food is the number one concern people have second only to their concern for having an adequate supply of water.
We get tired of eating the same foods over and over and many times prefer not to eat than to sample that particular food again. This is called appetite fatigue. Young children and older people are particularly susceptible to it. Store less wheat than is generally suggested and put the difference into a variety of other grains, particularly ones your family likes to eat. Also store a variety of beans. This will add variety of color, texture and flavor. Variety is the key to a successful storage program. It is essential that you store flavorings such as tomato, bouillon, cheese, and onion.
I don’t know how to advise you on preparing for low temperatures and snow/ice problems: one thing’s for sure, back when Quebec had its massive ice storm, it took them SIX WEEKS to get the power back on. But having electricity will be moot if the hydroelectrics are frozen, not to mention the distribution problems. As for 60 below, it doesn’t matter which scale you use: it’s COLD.
For powering more serious electrical equipment, a generator is a popular choice for people living in the backwoods. That said, this option comes with an interesting trade-off: if you were ever to face a contingency that may last for a longer while, it may be more important to conserve fuel for driving, cooking, or heating, than to use it for keeping the lights on. A fully-fledged solar installation helps you avoid such dilemmas, but costs an arm and a leg. A possible compromise is a jury-rigged solar setup done at a smaller scale: if you hook up 100W panel ($160) to a deep-cycle lead-acid battery ($60) and a low-cost inverter ($30), you gain the ability to recharge laptops and phones, or even power several desk lamps, a decent-size fan, or a small refrigerator. The whole contraption costs around $250 and is easy to stow away if you're not very short on space.