The world hasn't gone mad (or, no more so than usual), but the gun owning community has a little bit.
The fact that we're all rushing to buy everything we can has kept the supply down and the demand up. Business owners that can mark their stock up accordingly would be foolish not to - that's how capitalism works.
They're making as much - or more - ammo now as they were a few months ago, but instead of just buying what we need now we're all trying to stockpile. I for one have actually bought far more ammo this year than I usually would have - despite the "shortage".
If we want the prices to come back down we all need to stop buying so much.
I'll stop as soon as everyone else does