326 | Panic Buying

The Minimalists talk about the psychology behind panic buying, and they answer the following questions:

What causes panic buying? (01:27)

What are the causes of supply-chain shortages? (07:58)

What have you seen purchased in recent panic-buying frenzies? (12:24)

When might it be appropriate to panic? (13:58)

Is it ever advisable to simply save money for medical emergencies rather than spending that money monthly on health insurance? (14:55)

Can everything be negotiated? (21:59)

Do other countries respond to crises with panic buying similar to the United States? (24:22)

Where is the line between preparation and hoarding? (27:55)

Detailed show notes: minimalists.com/podcast

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