To understand what’s happening today, very often all you need to do is study history. As we deal with the global pandemic, we’re also dealing with human nature and the panic buying that is resulting in shortages of toilet paper, hand sanitizer, and even yeast (as many have realized that it is possible to make bread at home). The video below shows us that this behavior (“the self-eating snake of stupidity”) is nothing new. Using examples including the Cuban Missile Crisis, Y2K, and even the election of Barack Obama, we see the human instinct to copy the behavior of crowds and create shortages, despite there being an ample supply of those items.
I’d add a Not Safe for Work (NSFW) warning but since you’re probably not watching this from work at this point, I’ll just note that there’s some language in the video that you may not want to broadcast loudly to others in your home.