From Matt in Texas: The Rise of Stagflation Means the End of Fiat Wealth [1]
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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 [2]
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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 [3]. (The article quotes Robert Hirsch, who was the lead writer for SAIC’s well-publicized Report on Peak Oil, in 2005 [4].) And speaking of Peak Oil, reader A.A.P. mentioned Tom Whipple”s scary piece about diesel price escalation [5] 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 [6]. Congrats to the SurvivalBlog readers that stocked up in advance of the recent price increases. Ammo is better than money in the bank.