28 ms·
> Stocking up to prepare for a crisis isn't 'panic buying'. It's actually a pretty rational choice That's because stocking up in preparation for a crisis happe
by kwhitefoot 7y ago
> Stocking up to prepare for a crisis isn't 'panic buying'. It's actually a pretty rational choice
That's because stocking up in preparation for a crisis happens when there is no crisis and you buying a thousand rolls doesn't trigger other people to do it; they just shake their heads and mutter 'prepper'.
Panic buying something when the crisis has already started just means that uncritical people will also panic buy that thing and everyone, including you, suffers because now there are queues just to get in to the supermarket even if you don't want to buy that thing.
So it's only rational if you discount the rest of the system.