The feeding frenzy on ammunition seems to be continuing. The reason is not that the military has started issuing miniguns to every soldier and it's not that the ammo companies are gouging. The culprit to the sharply escalating prices and bare shelves is good old fashioned supply and demand. Or, to be more specific, hording. Remember Y2K? Or how about the Great Primer Famine of 1994? It was the same thing then. As people get a whiff that a certain commodity is in danger of being banned, taxed, regulated or otherwise made unavailable, they stock up. No one is shooting all that .223 or .22LR. It's sitting in garages and basements. Ammo companies would be wise to see what's coming around the corner once the buying frenzy subsides- a sales slump. People will eventually look at their piles and think, "Hmmm. I better shoot that up," and they won't be buying any ammo for awhile.
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