Price shocks in formative years scar consumption for life

Re:Price shocks in formative years scar consumption for life by lotsofpulp on Wednesday June 15, 2022 @05:46PM (#31759852)

When hurricane sandy rolled through NJ/NYC area, I remember the power being out for 4+ days, and we used cash to buy groceries and fuel.

I also did not have time to drive 1+ hours for supplies, especially when roads were not necessarily cleared of trees and whatnot, and I had elderly to take care of at home.

Also, gas itself was challenging to get with very long lines so driving an hour was not a guarantee to getting it (since everyone else has the same bright idea, you can’t just shift 10M+ vehicles worth of demand overnight to surrounding areas).

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Re:Price shocks in formative years scar consumption for life by throwaway894345 on Wednesday June 15, 2022 @08:54PM (#31761361)

I’m surprised gas pumps and everything else still works without power. I guess if you’re effectively tethered to an area that is prone to widespread regional disruptions it makes sense, but that’s a lot more niche than the original “I can’t imagine not having at least a couple hundred dollars in cash…”.

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Re:Price shocks in formative years scar consumption for life by lotsofpulp on Thursday June 16, 2022 @07:13AM (#31764673)

I assume they were using generators.

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