Do you expect others to show up at your place when the SHTF, either invited or uninvited? If so, do your preps include them?
We’ve been living the prepper life this week. My wife baked bread. We ate split pea soup, which I think is an excellent prepper food, and earlier I had an MRE entrée over rice for dinner. We’ve been eating eggs laid by our chickens, drinking our own spring water, and using the woodstove to keep warm.
That made me think… I have six #10 cans of split peas. That’s 30 pounds, which sounds like a huge amount of split peas. If it is just the two of us, one pound will feed us four meals. That gives us 120 meals of split pea soup. If we have 8 people living here during an emergency, that’s only 1 meal per pound, or 30 meals for eight people. If we have 12 people, then the peas will go even more quickly.
Continue reading “Are you Prepared for People to Bug Out to your Place?”
The word “stagflation” sounds bad, and it is. Its worse for the consumer then inflation, but better than hyperinflation.
Stagflation, which the U.S. experienced 40 years ago as prices rose while the economy sank, may raise its ugly head again. The numbers are just in, and the U.S. economy grew only 2 percent in the third quarter, not only below expectations, but the slowest growth since the post-COVID recovery started.
Why, you ask, is the economy sinking? Is it COVID, like the mainstream media claims? Is it unemployment?
It’s the supply chain and the vaccine mandate, which exacerbates the supply chain problem by forcing experienced workers out of their jobs, including truck drivers and warehouse workers.
Continue reading “Stagflation: What is it and How to Prepare for it”
The hens are laying and the homestead continues to do well as we enter the colder months, due in part to our work this spring and summer.
I’m not far from our wood stove, which is keeping the room a comfortable 73 and the house at 68 degrees despite the rain and wind we’ve experienced on and off over the past couple of days. Ten logs per day is keeping us plenty warm and grateful not to have a propane bill.
At first, the dog was scared by the fire, which I would guess is an instinctual reaction. She’s gotten used to it now and lies near it after coming in from the rain. She looks at the pile of firewood as an endless supply of chew toys. I have to leave a couple of smaller pieces near the end of the woodpile so she doesn’t pull the whole thing down. I don’t mind her chewing the firewood, as it keeps her occupied and focuses her attention on something besides my hat, which she likes to steal when I am not looking. Besides, it’s a new way to make kindling.
It’s growing cold enough that I will have to stop feeding the bees soon. I hope they are stocked up for winter. I’ve done what I can.
Continue reading “Prepper Diary and Homestead Update, October 28”
Blame it on Green Energy
This detailed and on-target article describes how countries that committed to green energy at the expense of coal and nuclear as sources of fuel are no facing energy shortages this winter, meaning a lack of fuel to heat homes and commercial spaces. According to the author, Germany “risks suffering from the coldest and darkest winter this year” after shutting down the bulk of its nuclear power plants, even though nuclear power does not produce greenhouse gasses.
We’ve been blaming the energy shortage on the push for green energy for months, and its becoming a more common theme. Expect to read about it in the mainstream media more often as we predict it will become is a trending topic as temperatures drop.
Continue reading “Prepper News Update October 29”
Will hyperinflation lead to an economic collapse? If it does, do you have what it takes to survive until the recovery?
We can all survive moderate food shortages and an energy crisis with proper preparation. Moderate inflation is also survivable, as we saw in the 1970s and early 1980s, and we’ve all experienced recessions. Hyperinflation, however, could lead to a financial collapse, not just of the U.S., but of the entire global economic system, which could lead to a far greater crisis. That would indeed be a dangerous time where being prepared would help, but is no guarantee.
Let’s examine one potential outcome of hyperinflation:
A Worst Case Scenario
After the virus, shortages and a moderate energy crisis, the United States suffers from massive hyperinflation. This leads to the collapse of the U.S. dollar as the government pays off its debts with dollars that are worth less than a thousandth of their value just a year before. As a result, international trading partners no longer trust the U.S. dollar. No one still values the “full faith and credit” of the government that backs the dollar. The economic collapse is upon us.
Continue reading “Cutting Our Legs out from Under Us – Part Five”
Inflation erodes our buying power, weakening our state and its citizens. It makes each of us poorer without changing the balance in our bank accounts.
Back when money was metal coins, emperors and kings would debase the money supply by multiple methods, including making a coin lighter, thinner, or smaller. They could also add less gold or silver and more copper or tin to the alloy used to mint the coins. This would result in a coin of similar size but with less value. If melted down the precious metal inside would be worth less than its face value.
When the United States debased its coinage, it didn’t try to slip one by the population. They just took all the silver out of dimes, quarters, and dollars from 1965 onward (the half-dollar contained 40 percent silver for a few more years.) Forward thinking individuals immediately scooped up the old coins that were 90 percent silver, thinking would one day be worth more than their face value. That’s an example of Gresham’s Law: “Bad money drives out good.”
This time around, the attempt to devalue the dollar isn’t quite as obvious, in part because there are no precious metals in our paper currency. Instead of printing a smaller bill, the government is simply producing more money. When the amount of money grows more quickly than production of goods on which to spend it, you get inflation as more money chases fewer goods. (If you are not familiar with this principal, please read yesterday’s post, which included a simple economic model illustrating inflation.)
Continue reading “Cutting Our Legs out from Under Us – Part Four”
To really understand the impact of inflation on the economy, let’s boil it down to the basics and take a close look.
Before we move on to Part Four of the “Cutting our Legs Out From Under Us” series, which will address money and inflation, I want to make sure we are on the same page in our understanding of inflation and its effect on the economy.
Below is a very simplified model of an economy and what impacts it, including inflation. I freely admit that I borrowed the general concept (if not this exact example) from a book I read many years ago. I regret I do not recall the name of the book or the author, but I found it to be a useful learning tool. that has stuck with me.
A Simple Economic Model
In the early 1800s, a storm sinks a schooner. Two crew members survive and wash up on the shore of a desert island. One man salvages a fishing net and the other hung on to a machete. They agree that the man with the net will catch fish and the man with the machete will harvest coconuts which they will trade so that both men will have enough to eat.
On the first day, the man with the net harvests two large fish and the man with the machete harvests four coconuts. They split the take, and thus both are well fed. This becomes the established rate of exchange. You could say that the cost of one fish is two coconuts. Think of the large number of coconut trees as the Federal Reserve, always ready to issue new money.
Continue reading “A Simple Economic Model Illustrating Inflation”
In Part One of this series, we discussed how food, energy, and money at the three legs of the tripod the supports human life on Earth. In Part Two, we took a closer look at food. Today we delve into the energy crisis.
Yesterday, we discussed how a natural gas shortage in Europe is causing a shortage of fertilizer, which is in turn will harm the food supply in 2022. Fertilizer production is not only the intersection of the coming food crisis and energy crisis, but it demonstrate how problems in one area contribute to problems in others, thanks to the highly integrated and inter-related system we rely, known as the supply chain.
If harming fertilizer production was the only downstream effect of higher energy costs on the food supply, we could probably weather it with little notice, but fertilizer is just the start. A shortage of or higher costs for gasoline and diesel will also cause problems with planting and harvesting grains, transporting crops and animals, moving raw goods to processors and manufacturers, and distributing finished goods. Higher costs to heat greenhouses will either drive up food costs or cause growers to avoid planting in colder weather. That is bad news for the average citizen.
But the dangers of an energy crisis go well beyond its impact on food shortages. Fossil fuels and the electricity they generate enable our entire society and the Internet that links us. Without modern energy sources, we are catapulted back 100-plus years or more to using kerosene lamps, burning wood to heat our homes, and riding horses to get across town. Without energy and electronics, most of our society would crumble in a few short weeks. At least 90 percent of the population would die within the first year.
Continue reading “Cutting Our Legs Out From Under Us – Part Three”
In Part One of this series, we discussed how food, energy, and money at the three legs of the tripod the supports human life on Earth. Today, we take a closer look at food.
As preppers, we are told the three most important things we need are food, water and shelter. Most of us have shelter and many of us can find water, which may even fall from the air. Food, however, is harder for most of us to source. When the shelves are empty, few people have the ability to grow, hunt, catch, or find their own food. That’s why stockpiling food is the first thing I tell new preppers to do.
An accessible, plentiful, reasonably inexpensive food supply is one of the pillars of today’s society. Take that away, and life becomes tougher, people become meaner, and our society begins to collapse.
Continue reading “Cutting Our Legs Out From Under Us – Part Two”
How our food supply, currency, and fossil fuel industry are under attack and what it means for our society.
Doesn’t the following sound like it would be a great novel?
After deciding that the world would be a better place with fewer people in it, a cabal of powerful globalists sets about destroying the planet’s food supply, attacking its energy infrastructure, and degrading its currency, thereby cutting civilization’s legs out from under us. When a few people see through the propaganda and doublespeak and realize what’s happening, the cabal targets them for cancelation or uses false claims to undermine and destroy the reputation of anyone who speaks out against them. Can John and Jane Doe survive long enough to convince others to fight back against this tyrannical faction that wants to destroy most of the population and subjugate the rest? Or will any of their children lucky enough to survive the hard times grow up to be serfs working for one of the elite families?
I’d read that dystopian novel. Only, it isn’t a novel, and it isn’t fiction. It’s happening right now, and you and I are John and Jane Doe. We see what’s happening. We are experiencing the deterioration of our currency. Hopefully, we are all preparing for the energy crisis and the food shortages the Cabal is orchestrating. Most importantly, we aren’t falling for their virus fear mongering, and their circuses aren’t keeping us amused. Meanwhile, they are deplatforming our leaders and subjugating our institutions.
Continue reading “Cutting Our Legs Out From Under Us – Part One”