I remember when Covid first started that stores around me were proactive and put limits on certain products. But I do think the media wants to spread panic.
The UK recently had [another] panic buying spree for gas/petrol where it's looking like the supply side of things wasn't the issue [again]. Because it was reported it might happen it went ahead and happened. Always wondered if the financial crisis in the early 2000s was also subject to this that one of the main reasons groups like Black Rock failed was because some "expert" said the company might be in danger and people thought "OH SHIT BETTER GET MY MONEY!" which then caused the very problem being talked about.
Sure there were other factors in play but it's always something worth considering just how much the media has driven these cases.
I remember when Covid first started that stores around me were proactive and put limits on certain products. But I do think the media wants to spread panic.
The UK recently had [another] panic buying spree for gas/petrol where it's looking like the supply side of things wasn't the issue [again]. Because it was reported it might happen it went ahead and happened. Always wondered if the financial crisis in the early 2000s was also subject to this that one of the main reasons groups like Black Rock failed was because some "expert" said the company might be in danger and people thought "OH SHIT BETTER GET MY MONEY!" which then caused the very problem being talked about.
Sure there were other factors in play but it's always something worth considering just how much the media has driven these cases.