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Hoarding is a small aspect of current shortages. I'll pick one example at random: Gyms are closed, so go try to find a squat rack, a bar, and some bumper plate
by daxorid 7y ago
Hoarding is a small aspect of current shortages. I'll pick one example at random:
Gyms are closed, so go try to find a squat rack, a bar, and some bumper plates for a home gym. Or dumbbells. Or even some crappy resistance bands. You can't. Nobody is hoarding 45lb plates for future use, they're demanding them for use now. Expand this for every industry impacted by shutdown orders. It wouldn't take long to think of hundreds of examples of non-hoarding shortages.
Inflation is coming. Shortages are the market telling you that price MUST increase to equalize demand. And it will.