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April 21, 2008

Food rationing in America

Well, not quite, but at least, grocery store food sales rationing.

East and West Coast stores in cities with large Asian populations are limiting rice sales, for example.

Costco was limiting shoppers to what they had bought in the past, based on documented purchase history.

On the East Coast, it wasn’t just rice, it was flour and oil being rationed in sales. Why? Commercial bakers were finding discount stores were cheaper than their commercial suppliers. (That will change as stocks get depleted.)

Will we see panic buying, especially with modern stores’ short supply backups?

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