I'm in the ag field and I have a bachelors in business management and a masters in business entrepreneurship and finance. So yes, I've studied at length market theory including, market elasticity. But I really don't care about my credentials, work ethic is far more important, in my opinion.
Our Fear of God and Capitalism has given us the greatest nation ever to roam this earth, sadly both are being perverted into something that the founding fathers never intended either of these principles to ever be. I am and always will be a supporter of capitalism, its the perversion of it that causes it's black eye in the people.
In my opinion, the demand of ammo is a big contributor to it's cost, but it's not the only contributor. Have you seen what copper, lead and other precious metals have been doing? Don't you think the pencil pushers in these ammo companies see the writing on the wall that their materials are becoming more and more expensive due to their lack of supply. (See Link to "Last U.S. Lead Smelter to Close
"). What are they to do keep selling at the same prices they have been, everything is getting more expensive? It appears that the lead that is going to be mined in the US will now be shipped to China raw, processed there and then shipped back, but that won't have any affect on the price of ammo, yeah right.
Just take a look at what this administration has done with Quantitative Easing 1,2,3,4...and on and on, it doesn't take a rocket scientist, or a masters degree in business to realize that product costs are going to increase under those financial controls. I'm putting my money in tangible items and equities, I sure am not relying on my dollar to increase in value. And it wouldn't take a person long to realize that deregulated China has the upper hand and is now realizing the potential of capitalistic ideals since the transfer of sovereignty of Hong Kong from the British. Now China with it's new found industrial energy is gobbling up every resource that is available to them.
I had previously said I don't pay over a certain price for my ammo. I'm happy bulk ordering it over the internet (and waiting a year from now to get it) from places like midwayusa where I can get an equitable price. And I will continue to do so, as long as they are providing the ammo at the price I'm willing to pay which is much less than the ridiculous prices in the local stores, that I refuse to pay.
But I for one am not going to be the one that wasn't prepared when ammo prices are out of control and the problem has moved passed the "consumer hoarding problem," and into the problem coming towards us being the regulations we put on our own factories, quarries, mines, manufacturers etc. here in the USA. We cannot compete globally with a deregulated China, India, Pakistan, etc.
But go ahead and call me a hoarder for thinking ahead and looking for good prices. If only our law makers and voters would think ahead at the ramifications of the decisions they are making today, maybe our once great nation would have a bright future.
You are entitled to your opinion, and don't misread me, I am not upset, its good to have these healthy dialogues. I appreciate you thinking at it from the other side. And thank you for your service to this great country!