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To: Secret Agent Man
It is not hoarding. It is stockpiling. Hoarding is something that technically cannot be done until AFTER something is rationed.

The normal price/demand relationship causes quantity demand for a good to fall when prices rise. Sometimes this relationship gets inverted, such that rising prices trigger increasing demand. This occurs in speculative bubbles, and in hoarding situations. Whether or not you want to call the present behavior "hoarding", it clearly represents an inversion of the price/demand curve.

113 posted on 05/20/2009 8:03:47 PM PDT by supercat (Barry Soetoro == Bravo Sierra)
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To: supercat

All you say is fine and I don’t have a deal with it.

I am just saying what people are doing now does not fit the definition of ‘hoarding’.

What it clearly represents is a number of people whose eyes have opened and thought that perhaps they need to make sure they have some ammo for their weapons, because many people don’t normally buy ammo to last them very long. Just enough to have a little extra around after they burn through what they have at the range.

It’s not hoarding (AFTER trouble occurs). It is stockpiling (BEFORE trouble MIGHT occur). Hoarding has an impicit negative connotation, like you’re trying to get more than you are allowed at others’ expense. Stockpiling, aka ‘preparing’ has a positive connotation because you’re getting things ready before there MIGHT be trouble so you won’t be a drain/dependent on anyone else.

I make this distinction on purpose because people have in the past demonized those that planned ahead as hoarders, when it simply isn’t true. Everyone else could have saw what was going on beforehand, and we warned some, and they either laughed or thought we were nuts, or they too put some things aside.

But I follow the boy scout motto - be prepared. I will be damned if anyone is going to portray me and others who prepare for worst case possibilities into villains to focus hate upon, just for being personally responsible for my family and spending my money on supplies my family and some friends might need if an emergency situation arises.


125 posted on 05/20/2009 8:20:11 PM PDT by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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