Thursday, April 24, 2008

A barometer of rice and flour

Well, this looks like an interesting week. Sam's and Wal-Mart (which are really the same company) are limiting sales of rice and flour at all their stores.

Costco said it will start limiting some of its store sales of these items too.

It looks like the worldwide food shortages, whether they were actually going to affect America or not, are about to become the de-facto topic of May.

I'm investing a little more of my next paycheck in extra water, some ramen, a few extra boxes of cookies... nothing MRE or "its the big one" kind of things, but if the panic on the food market takes off, everything is going to be phenomenally more expensive in May and heading into summer. And thats going to snowball into other areas of the economy as well.

Oh yeah, and gas is going to be $4 a gallon soon.


Buy a little extra this month if you can. Stay a little less stressed later on.

No comments: