I was thinking, if people are fearing an inflation or economic downturn and massively stocking up on products of various sorts, say; guns and ammo, water, and food, how does this spike in consumption affect the future of those markets? If you analyze the situation through the eyes of an economy professor does this make more of a problem or help the economy grow in this time?
I have my MBA in Finance and Entrepreneurship, and I can unequivocally say that you will have professors on both sides of the argument, just like CNBC, and also on CNN, CSPAN, etc. No one has the economy nailed down.
I have it nailed down. It sucks. Personally, you can never have too many guns, too much ammunition, too much water or food stores. Does it affect the supply and demand? Yes, but only if a lot of people do it. Most of the people aren't concerned enough about the economy right now to start "hoarding" but let it get a bit worse and they will. As long as you have a lot of one of the above you will be able to barter for the others. I have heard people saying they will take what they need since they have the guns but that is just bad form. Personally, I figure between my entire neighborhood we would be "okay" in the event of a natural disaster but if it is an economic one, we will be headed out to the MIL's property. 180 acres with water running through it and plenty of places to plant.
Saintsfanbrian called it. My inlaws and their family own a couple of hundred acres with a well, stock tank, cattle, gardens, etc... That'll be our bug out place if we ever need it.
I guess it sounds kind of funny but I've never been a "MARKET" person. I've always prefered my "Wealth" (What there was of it) to be kept in tangible goods that can be used along with gold or "Junk Silver". I don't trust stocks and paper that only has value based on what someone at the NYSE says it's worth. I'm a BIG fan of bartering and I figure that into my prep plans as well.
