Big Country has an excellent post about inflation and how it is making food much more expensive. He makes a really important point:
If you haven't started building a baseline food supply, you a dumb motherfucker.
Peter adds some important thoughts and tips, and concludes:
The more I read about food shortages and rising prices, the more serious I get about our backup food supplies. I hope you're doing the same. They're like a fire extinguisher, or a parachute, or a gun. You may never need one; but if you ever do, at that point it'll probably be far too late to go out and buy one.
The only thing I would add is that you need to know your goals. Do you want to ride out a hurricane or tornado? Do you want to ride out a 3 week series of blackout/brownout? Do you want to ride out a solar flare that takes the power grid down for 6 months? Do you want to ride out the collapse of Western Civilization?
Each of these has a very different time horizon.
The Queen Of The World and I have our own goals (not saying what; OPSEC is a virtue), but we've picked ONE of the choices above. I think we're pretty well prepared for that, although water storage/purification is something that I think most people - and maybe us - skimp on.
But this is probably something you should think on. Being prepared is a Very Good Thing Indeed but you really, really need to know the answer to the question: Prepared for what?
But you should really go real both Big Country's and Peter's posts.