326 | Panic Buying

The Minimalists talk about the psychology behind panic buying, and they answer the following questions: What causes panic buying? (01:46) What are the causes of supply-chain shortages? (08:09) What have you seen purchased in recent panic-buying frenzies? (12:42) When might it be appropriate to panic? (14:26) Is it ever advisable to simply save money for medical emergencies rather than spending that money monthly on health insurance? (15:13) Can everything be negotiated? (22:18) Do other countries respond to crises with panic buying similar to the United States? (25:08) Where is the line between preparation and hoarding? (28:13) Detailed show notes: minimalists.com/podcast Join The Minimalists Private Podcast: minimalists.com/support