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Panic buying and hoarding behaviors are literally as old as markets themselves. This is not a recent phenomenon.
by missedthecue 5y ago
Panic buying and hoarding behaviors are literally as old as markets themselves. This is not a recent phenomenon.
- kumarvvr 5y agoYou would panic buy when you expect a need in the immediate future. Such as when you are building a house or want to stock for your store. That is as old as ever. Sure. However, in the past 5 - 6 years, there are a lot more incidents of people hoarding up to resell. I mean, there are people who make entire careers off of drop shipping. I understand the value in trade. You buy stuff in wholesale and sell in retail. You are adding value. What these hoarders are doing, is that really value addition?