FWIW, I stopped by the big gun-focused sporting goods store in my area this morning, and ammo was AMPLE on the shelves. Bought some .22lr, some primers, and some pistol powder, all at "normal" prices.
I think most serious shooters already have their "hoard" in place, they're mostly just trying to maintain. The last shortages came, I suspect, in large part from a big group of shooters moving from a just-in-time purchasing approach to an I'm-the-warehouse approach. Not a whole lot of people left to make that transition now, so a shortage may be a bit harder to spark this time around.
Or not. I could be wrong. But I hope I'm right. Shortages are bad for the gun community.