What the Great Ammunition Shortage Says About Inflation
Via John
Concentration is increasing prices and keeping them
high. The ammunition duopoly and the "Great Ammunition Shortage" is
just one example.
Covid has done a lot of things to our society. But talk to anyone who
enjoys hunting, and they’ll tell you one of result is the ‘Great
Ammunition Shortage of 2021.’ "5.56 ammunition for an AR-15 used to be
about 33 cents a round," said Mark Oliva, director
of public affairs for the National Shooting Sports Foundation. "Now
you're looking at closer to almost a dollar a round. So it is much more
expensive and it is much more difficult to find ammunition."
The late ammo shortage says absolutely nothing about inflation. To claim otherwise is ostentatious ignorance.
ReplyDeleteThanks.
Delete"ostentatious ignorance"
ReplyDelete.
Going on my new business cards... thanks!
Good idea.
Delete5.56 was over a dollar a round every time obama opened his mouth about guns. Stable Supply vs panic demand.
ReplyDeleteThe latest on this from manufacturers is that they are making more than ever before, but leftist givernment takeovers and crime policies have created a huge increase in gun owners and people practicing with guns. It3s a permanent increase in demand that producers havent caught up with yet.
--generic
The latest on this from manufacturers is that they are making more than ever before, but leftist givernment takeovers and crime policies have created a huge increase in gun owners and people practicing with guns. It3s a permanent increase in demand that producers havent caught up with yet.
DeleteThanks.