How Might Food Shortages Occur?
Inflationary times can very easily lead to food shortages across the country. It’s a fairly simple formula that we’ve seen play out throughout history.
The way I see it is this…
Too much debt leads to…
Printing money to fund government which leads to…
High inflation which leads to…
Rising consumer prices which leads to…
Price controls which lead to…
Producers shutting down or slowing production due to price controls and losing money which leads to…
Food shortages
Price controls never work. Government cannot artificially set prices on any good without causing disruptions. The market must always set the prices. By government capping consumer prices, they can force producers to sell a product under the cost of producing the product. When this happens, the producer simply stops producing. Why produce and lose more money? The result is empty shelves in your grocery store.
I could see this situation playing out over the next couple years if and when inflation rears its ugly head here in America. What are you doing to prepare for it? Do you have food supplies? I have been stocking up on some Value Buckets from The Ready Store to get a quick and easy several month supply of food with a 20-30 year shelf life. Insurance against food shortages.
What’s your strategy?
