Occam's razor....when trying to find an explanation for a phenomenon, the hypothesis which makes the fewest number of assumptions is the one with which to start.
We could make assumptions that supply is short and prices are spiking because of some big government or anti-gun organization conspiracy to keep bullets off the market, but let's look at what we know for sure..
- Ammunition is in short supply.
- Ammunition prices are going up.
- People are stockpiling ammunition.
Those three things together are, quite simply, an example of the law of supply and demand. Demand goes up as people stockpile...supply goes down as demand goes up...prices go up as supply goes down.
We needn't make a single assumption beyond what we know in order to explain the phenomenon; the things we know for sure are sufficient to explain it in and of themselves...