In the next decade Howard Ruff warned about socio-economic collapse in his 1974 book Famine and Survival in America. Ruff's book was published during a period of rampant inflation in the wake of the 1973 oil crisis. Most of the elements of survivalism can be found there, including advice on food storage. The book championed the claim that precious metals, such as gold and silver, have an intrinsic worth that makes them more usable in the event of a socioeconomic collapse than fiat currency. Ruff later published milder variations of the same themes, such as How to Prosper During the Coming Bad Years, a best-seller in 1979.
Don’t overlook the importance of a solid financial foundation in prepping — it reduces your chances of an emergency happening in the first place and makes them much easier to handle when they do. Check out our money management basics for normal preppers with tips on building an emergency “rainy day” fund and how to change the way you save, budget, spend, and invest.
Still, these extraterrestrial-looking foodstuffs seem to be having something of a moment: For the past four years, Costco has been selling pallets of shriveled vegetables, fruits, grains, and meats that promise to feed a single family for up to a year—and if you’re not a member, you can purchase similar survival kits, many of which boast a 20- to 30-year shelf life, at Walmart and Target. One top seller, Wise Company, saw its sales nearly double over the past four years, reaching around $75 million, according to a Bloomberg Businessweek cover story last November. The company’s CEO, Jack Shields, told me he estimates the industry as a whole generates between $400 and $450 million annually in retail.