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Sigh. The fact remains that perfectly rational actors have concluded that they may not want to be shopping for the next two, three, or four weeks. That means p
by gwright 7y ago
Sigh. The fact remains that perfectly rational actors have concluded that they may not want to be shopping for the next two, three, or four weeks. That means purchasing more now for your own completely rational use.
If everyone does that at the same time, you'll have a shortage.
One thing that might limit the shortage is higher prices, as it makes people purchase less, and incentivizes production and delivery.
One thing that most definitely will not help the shortage is limiting the price increases (i.e. price gouging laws).