Back during Covid lockdowns, there would be warnings of products that were facing incredible shortages. I fell for some of these ruses, and today my best friend and I have twenty bottles of peroxide between the two of us. Of course, the big “shortage” never happened, but it certainly boosted sales. I can think of a dozen products that were touted as “scarce” and all the idiots would stockpile them (including myself), benefitting the companies, but the shortages never came to fruition. I think it was a way to boost sales for companies that had agreed to cut back on production so the shelves always appeared empty.
So, interesting that the Longshoremen strike was cancelled today, at least for the foreseeable future, but not before everyone hit up Costco and Sam’s Club buying up toilet paper, coffee, and meats. What a boon for the food industry this past week, after sagging sales due to high prices.
I’ve learned my lesson after buying all the peroxide, although I did stock up on coffee last week. These are tough lessons for people who don’t have the means to afford big splurges on groceries.
Anyone need hydrogen peroxide?
Good points, maybe it was a quick cash grab. Or it was white hat controlled, maybe they were scanning the containers for children. They would benefit from a few days stand still.