326 | Panic Buying
Feb 08, 2022•44 min•Ep. 326
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Episode description
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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