Over prepping though isn’t illegal, so many more people could do it.
Last trip to the grocery store I saw people carrying out 3 year supplies of TP but the stock of fever reducing medication was all untouched.
All the stuff people buy, most of it isn't for them alone.
If 1 customer is allowed to buy all the TP then that means the rest of the customers will not be happy
People have been loading up shopping trolleys with literally hundreds of rolls of toilet paper. Easily enough to last a year. If that's not panic buying, I don't know what is!
Yes, it is, for some non-trivial percentage of the people doing the buying. There are also people who are stocking up in a more rational way, but those are irrelevant except in the sense that their rational strategy is being thwarted by the panic buyers. It's not necessary for everyone to be in a panic before the phenomenon can be considered real.
And it is the kind of thing happening right now, at least here in Europe. Hell, my house mates witnessed it just today while stocking up on the regular weekly groceries. Cart after cart filled with toilet paper.
stores restock every day; every week. there will not be supply shortages, just things out of stock until they get restocked the next day. For all we know, stores may start having things that are selling out quickly shipped to them in larger quantities.
This isn’t like the potato famine or similar where the actual production was disrupted, or a war or natural disaster where supply chains are disrupted, leading to real shortages. Just people buying in larger quantities than stores have stocked for.
If you can’t get what you need today, it’ll be there tomorrow, etc. While the stock market has crashed, retail stores are seeing their biggest profits in years. They have every incentive to keep restocking and even to respond by stocking in larger quantities during this time.
Supply chains are intact but they can't deal with this level of demand immediately and so there's going to be a period in which there are shortages. How long those shortages last depend not only demand but on other factors, e.g. how many people in the supply chain are directly or indirectly affected by the virus.
But there are diminishing marginal returns.
Check your local retailers today and see if they’re still sold out of toilet paper.
No, the world isn't going to end for 2 weeks, but I might run out of food during that time. And I don't want that.
People think it cannot affect them until it does.
http://chefmichaelsmith.com/recipe/country-bread-city-bread/
https://cooking.nytimes.com/recipes/11376-no-knead-bread
I've been baking more in the past week than in the past five years. Being cooped up at home goes better with fresh bread every day.
Even if you skip the freezer, keep it in the fridge. Cold temperatures extend its shelf life.
Although not in Europe were the virus is about to peak in the coming two weeks. The average freezer and refrigerator is much smaller here.
It's poor behavior, illogical, and doesn't help the situation. This isn't armaggedon, it's a slightly worse flu and if you're not old (70+) or immunocompromised you're going to be fine. Anyway, if you're 70+ getting a flu is bad news in any other year (60k people in the US die every year of flu!), nothing really changed except every flu death is now front page news. This isn't a zombie apocalypse, people are blowing this massively out of proportion.
There are two key differences here:
1. The SARS-CoV-2 coronavirus currently appears to have a death rate 7 to 20 times higher than typical seasonal flus, and the death rate gets worse without medical care (and later in the illness).
2. Nobody has any existing antibodies against the coronavirus, so it can infect more people than a seasonal flu.
We have seen in China and Italy that this virus can push health care systems to the point of collapse. And Italy can expect to see 3x the current patient load even if their shutdown has mostly stopped the virus.
Estimates from the CDC say that the US risks up to 1.7 million dead if we don't slow the spread of the disease. Other estimates suggest closer to 480,000 dead unless we take measures. That's out of 325 million, so yes, most people would survive.
The good news is that this isn't the zombie apocalypse or (for Steven King fans) Captain Trips. But unless everyone is missing something important in the numbers, this could be closr to 1918.
Exponential growth (or even sigmoid curves) can be nasty.
In fact what everyone should have done is stockpiling gradually over the last couple of weeks. I went grocery shopping today and I only had to buy a few things because I was already prepared when there was still enough in the stores.
Be smart, think about what you need to get by without being able to go to the store for 2 weeks. I see lots of people buying stuff like bread, but you don't wanna eat bread all the time, do you? Also it goes bad pretty quickly. I think most of the bread that has been bought will end up in the dumpster.