Category Archives: economics

When the power goes out during a major disaster or even a fairly common winter storm or summer hurricane there is no doubt that cash is king.  Without electricity credit and debit cards are all but useless. Perhaps in a … Continue reading →

I read an interesting news story recently, relevant to prepping, about large corporations buying bitcoins (a virtual digital currency) as a hedge against economic and currency problems. What are bitcoins, you ask? Bitcoin, the ‘new gold’ – but what on … Continue reading →

As more and more people talk about the complete devaluation of US currency I can’t help but wonder what would actually happen if this were to come to pass.  Are we to believe that the dollar would actually be worthless? … Continue reading →

Anyone who pays close attention to today’s economy has to be concerned with what’s going on and what the future holds for the US and even the world as a whole.  Our budget is shaky at best, deficits are piling … Continue reading →

The USDA’s Economic Research Service (ERS) is predicting a rise in food prices this year (2013), due mainly to the continued severe drought that is affecting much of the U.S. “The most severe and extensive drought in at least 25 … Continue reading →

There’s an old military saying that all you need to run a military operation is caffeine, nicotine, and kerosene. [1] But the term kerosene is just a figurative expression for fuel, so, not literally kerosene. The caffeine is from coffee … Continue reading →

It just occurred to me, as I was hanging up the phone after getting a call from my bank letting me know that both my credit and debit cards had been compromised, that having cash around for an emergency situation … Continue reading →

Is the debt ceiling relevant to prepping? I would think so. One of the most likely possible “disasters” that we might face in the near or distant future is severe economic adversity: high unemployment, high inflation, and the collapse of … Continue reading →