Quote:
Originally Posted by GB
I am not sure there ever was a REAL shortage. There was a lot of hording, at all levels. Consumers bought all they could, even more than they thought they would ever need. Suppliers limited the amounts available for purchase, when they could and Distributers sat on inventory until people were willing to pay any price to get it. Sometimes we are our own worst enemy.
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I doubt distributors sat on inventory waiting for prices to rise. They are in business to sell merchandise and sitting on inventory is a gamble when money would be better spent on acquiring more inventory.