If you’ve been paying any attention to the news in recent weeks, you’ve probably heard some of the stories of food shortages and limits being placed on how much food can be purchased. For example, Costco and Sam’s Club in many areas are limiting rice sales.
Even more shocking are articles like this one in the Wall Street Journal that actually encourages people to stockpile food. Are we in that bad of a position that steps like this are necessary? Or is this more of the same where the media likes to take a story with shock value and run with it. I’ll save my comments until later when people have had a chance to voice their opinions, but I’m sure a few of you already know what I think.
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About the Author: Jeremy Vohwinkle is a Chartered Retirement Planning Counselor® and spent a few years working as a financial planner. Today, he helps people make the most of their money by writing about personal finance here and elsewhere on the web. Jeremy is also Coach at Adaptu and a regular contributor for other publications such as Intuit, and American Express. Be sure to follow Jeremy on Twitter or Google+.