Toilet paper isn't an essential (as a lot of us are now finding out). Also nobody really needs to hoard like 50 packages of toilet paper, and if prices were all

Toilet paper isn't an essential (as a lot of us are now finding out). Also nobody really needs to hoard like 50 packages of toilet paper, and if prices were allowed to increase to reflect demand then people would be less incentivized to hoard. The same goes for real essentials like food and medicine: letting prices rise keeps people from hoarding needlessly, and it incentivizes producers to increase supply. I'm not saying we should let people starve, but price ceilings are just going to cause shortages of essentials anyway.