This is from econtrader and I think it describes the current situation perfectly. It may be an artificial shortage created by panic buying and redistribution to fewer and fewer buyers, but it's still a shortage if I can go to 10 places that sell ammo and none of them have .22LR. I won't sink to your level with name calling.
Shortage
A shortage occurs when the quantity demanded is higher than the available supply. When the demand for a good rises but there are a few in supply there are two things that could happen. Buyers would bid the price up in order to secure a share of that scarce resource or producers would try to slow the demand by raising the price and bring the equilibrium to higher levels so only the most desperate buyers are left before they can match their production with the trend in demand
Shortage
A shortage occurs when the quantity demanded is higher than the available supply. When the demand for a good rises but there are a few in supply there are two things that could happen. Buyers would bid the price up in order to secure a share of that scarce resource or producers would try to slow the demand by raising the price and bring the equilibrium to higher levels so only the most desperate buyers are left before they can match their production with the trend in demand
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