Originally Posted by Flamingsuit
Do you really think things will stabilize again? I've never seen this level of sales/out-of-stock. Ever.
It will stabilize but not as soon as people think. This situation has created a "me too" syndrome causing people to buy in bulk - people that have never done so before.
The pricing is the good and bad news side of it. Prices won't go back down to 2012 levels again but the gouging will taper off and start to fall. Prices being higher will stop many from clearing shelves in one trip which in turn makes inventory available for the next person and thus helps stabilize the frenzy. Internet gouging will drive sales back to the local market because people will begin to accept their LGS prices which they once thought were ridiculous - this is already happening.
I was a big advocate of online buying before the unscrupulous gouging practices that began recently. LGS prices have climbed slightly but not like the online BS amounts from internet companies. I won't forget this.