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Sounds like the people who thought there would be a supply disruption were right, and the people who didn't see it coming are blaming the people who did see it
by drcode 7y ago
Sounds like the people who thought there would be a supply disruption were right, and the people who didn't see it coming are blaming the people who did see it coming.
- klipt 7y agoNo, sounds like there wasn't any "supply disruption", rather a "demand excess" from people who thought there might be one. Those are different things. Bill Gates could cause a potato shortage if he started buying up all the potatoes in America. But that wouldn't be a supply disruption if farmers are still growing potatoes at the usual rate.
- drcode 7y agoWe can argue about the exact definition of the word "supply", but the bottom line is that when the suppliers are no longer capable of providing goods to stores, it's kind of pedantic to say "it's not a supply disruption!".
- klipt 7y agoOkay but if Bill Gates says "there's gonna be a potato shortage!" and then causes it by buying up all the potatoes, it's a bit backwards to say "wow that Bill Gates is so smart, however did he predict the future potato shortage while those stupid poor people couldn't?"
- selimthegrim 7y agoProbably illegal for him to do it with onions though.
- robjan 7y agoThere was no supply disruption, in fact the supply increased. The shops just couldn't keep up with huge numbers of people buying more than they needed because they knew that panic buying was taking place.