Out of Gas Book – by Randy Dyess
Define the Consumer Price Index
https://www.merriam-webster.com/dictionary/consumer%20price%20index
Current Consumer Price Index
https://www.bls.gov/eag/eag.us.htm
Historical Consumer Price Index
https://www.bls.gov/regions/mid-atlantic/data/consumerpriceindexhistorical_us_table.htm
In the most recent GenXTalkin:Storytime, Ed and Matt review an interesting story and scenario involving a couple who’ve recognized a very difficult event occurring, the lack of fuel. We would technically refer to this as more of a Hi Impact, Low Frequency type of event. But the effects of such an event could be significant to just about everyone throughout the country and possibly the world.
The US economy revolves around the concept of Cheap Oil prices so that business can be done. Airlines, trucking, electric trains, a cities infrastructure, heat, and of course our vehicles, would all be affected. And these could potentially cascade into more significant losses of jobs, access to food and medicine.
Although this is just fiction, it does show a need for the general populace to emphasize preparedness in their day to day lives. We hope it helps to understand how lived could be affected. Enjoy.
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Would you be prepared? Are you prepared?
Choosing to be more prepared every day is a skill. One that should be honed. Focusing on growing just a little everyday will allow us all to be prepared to respond well and recover faster.
I’d love to hear your thoughts and comments about prepping, so please reach out and share as you can.
Until next time… this is monk signing off… better be prepared
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