Wait a minute. Supermarkets are running out of toilet paper again?
It turns out that the country is running low on the most important commodity in the bathroom.
Reportedly, households across the United States are panic-buying and making defensive purchases. Walmart is reporting shortages of cleaning supplies, breakfast food, and toilet paper.
“It really does have everything to do with what’s happening with Covid cases in any particular community,” Walmart’s chief executive officer, Doug McMillon, said on an earnings call in the past week. “We’re going to be able to respond in this instance better than we did in the first half of the year, although we’re still — as a total supply chain — stressed in some places.”
You don’t have to worry about Turkey shortages ahead of Thanksgiving as there are ample inventories of the bird. Much to the chagrin of Gov. Gavin Newsom (D-CA).
It should be compelling to see price inflation numbers over the next several months. The early numbers show prices are spiking for things people want and need.
It looks like the public is getting ready for Joe Biden to shut down the country.
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