Don't expect the SHTF. The shortages are going to hit other geographically poor countries the most. We are not going to see that, we will see some inflation, and maybe shelves will be slightly less full, but we won't see any true shortages. The truth is countries like the US, Russia, and apparently Ukraine subsidize the rest of the world's food. Most of the world would not be able to sustain their populations without these countries, along with a few others, producing excess food. So we are very food secure. We may see prices rise as world supplies decrease, just basic supply vs demand economics, but because we are the ones producing the food we still get first dibs.Martin Hash wrote: ↑Thu Apr 28, 2022 10:24 amLike I said: until my son’s wife notices, it’s not SHTF.
While we make fun of them for saying the inflation is transient, to a degree I agree with them. There are two types of inflation going on inflation from shortages and inflation from printing money. The inflation from shortages will mostly be transitory. One way or another, the supply chain issues will eventually be fixed, and the inflation caused by those shortages will mostly go away. On the other hand, the printing money inflation is here to stay, unless they suddenly decide to take money out of circulation.
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