So, is there really a great ammo conspiracy? Are companies hoarding ammo in secret warehouses in the caves of Tora Bora? Are a handful of individuals bent on establishing a new world order creating price gouging conditions to fund a new secret bunker underneath Denver International Airport?
Maybe, but not likely.
As Jason Vanderbrink, President of Federal, Speer, CCI, and Remington Ammunition explains, it’s a simple matter of math and basic economics. When 7 million new first-time gun owners enter the market and buy a few boxes of ammo each, the supply/demand equilibrium breaks down. Add panic buying thanks to pandemics, rioting, and the normal political fears, and we quickly run into conditions where ammo manufacturers simply can’t make enough product to catch up.
Here’s a good watch on the subject…