From Matt in Texas: The Rise of Stagflation Means the End of Fiat Wealth
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E.J. (our British ex-pat correspondent living in rural Italy) mentioned this piece from The Guardian newspaper: The island house that powers itself – with a little help from 100 mph gales
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Readers Sam K. and Stephen S. note that Peak Oil is now getting more mainstream media coverage, such as this CNBC piece: $12 Gas and Rationing? Possible, Says Expert. (The article quotes Robert Hirsch, who was the lead writer for SAIC’s well-publicized Report on Peak Oil, in 2005.) And speaking of Peak Oil, reader A.A.P. mentioned Tom Whipple”s scary piece about diesel price escalation posted over at Energy Bulletin. A.A.P.’s comment: “A diesel backup generator may now be a bad idea.” FWIW, I still lean toward propane-powered gensets. But if I had access to a source of biodiesel, I’d definitely be in favor of diesel generators.
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Stephen S. sent us this link: Gun owners pinched as ammo costs shoot up. Congrats to the SurvivalBlog readers that stocked up in advance of the recent price increases. Ammo is better than money in the bank.