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It's kind of crazy to me that we all lived through that and most people still don't understand why it happened. Like you said, many all working from home more,
by some_random 3y ago
It's kind of crazy to me that we all lived through that and most people still don't understand why it happened. Like you said, many all working from home more, so demand for TP went up. Suddenly shelves are empty more and the news starts talking about a TP shortage, so next time you're at the store and see TP in stock you buy a case even if you don't need it yet. Actually who knows when it'll be in stock again and at what price, you so might as well buy another case too. The shortage got worse and worse, and in order to absolve themselves of any personal responsibility people imagined that evil preppers were going around and buying up all the TP and hand sanitizer and PPE. The problem is that in reality the system was irrational (people buying TP they don't really need) but individuals were behaving rationally (stock up when you can).
- klyrs 3y agoThat definitely caused the TP "crisis" but it was sustained by lag on the supply side. Paper manufacturing was tooled up to make "commercial" toilet paper, which saw an immediate drop in demand when we suddenly stopped going to the office. Manufacturers had to re-tool for residential toilet paper, which saw an immediate and sustained rise in demand. In retrospect, I'd say that the first wave of people overstocking TP weren't totally irrational.