These signs are ever increasing! You are really bringing it into focus. This really gives me a pause as I am coming late to the prepping game. I am not financially able to make huge purchases or mass quantities on short notice. What suggestions other than beans n bullets and debt reduction would you make? Or is it really too late for some of us? Inquiring minds want to know!
This is just me, but I wouldn't worry too much about the debt reduction on non-secured debt and any extraneous secured debt. It would be wise to pay down as much on your primary residence simply from the standpoint of having fewer hands in the cookie jar laying claim to it.
But your dollars are worth X now. If, okay, when inflation hits, they'll be worth some fraction of X. Which means two things. First, from the standpoint of you as a consumer, you're buying power is diminished. Your dollar will only buy the half bottle of shampoo where it used to buy 3/4. Instead of 4 cans of beans, your dollar will only be able to buy 2.
The second is from the standpoint of having debt and piggybacks off the first: why pay back your creditors with dollars having X value, when you can pay them back with dollars having, say, X/2 value?
Use the higher value of the dollar now and purchase things of value to YOU. Particularly those that you'll use in the future but will be forced to buy less of for the same number of dollars. (It may sound silly, but I'm stocking up on hygiene items in addition to the food and water stuffs.) When the dollar crashes in the future, they aren't going to recalculate the new dollar's relative value to the old one and change the amount of debt owed to reflect that. You'll still owe a flat number of dollars regardless of their relative value.
It's an oversimplified explanation, but it hits the meat of the issue IMO.