This happened 4 years back. Same deal. Self inflicted situation.
Yep!! This too will pass, and like last time I'm sure there will be a flood of used AR15s in about a year to a year and half on the market. All these people that have gone 10, 20 years or more without one will remember why they had never bought one before the prices went sky high and wonder why they were willing to pay so much for something they didn't really want all that much.
Stocking up on ammo is never a bad thing.. I understand why people do that.