sad though this price is, it will keep the hoarders away, and many of the scalpers too. Holding onto "fair" price during the 2012 shortage led to a year long ammo shortage, and at least in my area, 22LR was not widely available until 2017. Lots of ammo makers lost out when people stopped looking, and all the profit was in resale.
At least this way the makers and distribution network are making the extra money instead of 50-year-old Steve who can buy all the ammo as it comes in because he has no job, no girlfriend and lives with his parents.
Most people who have been in this for more than 6 months aren't buying at that price, but thats the normal price for people just starting. If the prices stay this high because the makers don't want to lower them, they'll loose out as the sport disappears, and they'll be bankrupt, which most do not want.
They also don't want to drop prices as Biden promotes inflation as a religion, and the US dollar becomes worthless.
They need to pick a middle ground, and prices will ease as scalpers can't keep up anymore, and new shooter settle down, and manufacturers tool up for the 10,000,000 new owners, around 1/4 will become regular shooters to some degree.
They can use this excessive pricing to fund new machinery, and hopefully are. I know RMR's Jake who posts here sends out Emails saying he's doing it, although he's keeping his prices low, and staying backordered. Trying to see the bright side. Of course if the store is buying this for 200$/box and selling for gunbroker prices, then thats a different story. Eventually they'll lower prices, but it may be a long time.
At least this way the makers and distribution network are making the extra money instead of 50-year-old Steve who can buy all the ammo as it comes in because he has no job, no girlfriend and lives with his parents.
Most people who have been in this for more than 6 months aren't buying at that price, but thats the normal price for people just starting. If the prices stay this high because the makers don't want to lower them, they'll loose out as the sport disappears, and they'll be bankrupt, which most do not want.
They also don't want to drop prices as Biden promotes inflation as a religion, and the US dollar becomes worthless.
They need to pick a middle ground, and prices will ease as scalpers can't keep up anymore, and new shooter settle down, and manufacturers tool up for the 10,000,000 new owners, around 1/4 will become regular shooters to some degree.
They can use this excessive pricing to fund new machinery, and hopefully are. I know RMR's Jake who posts here sends out Emails saying he's doing it, although he's keeping his prices low, and staying backordered. Trying to see the bright side. Of course if the store is buying this for 200$/box and selling for gunbroker prices, then thats a different story. Eventually they'll lower prices, but it may be a long time.