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Just because it's ammo, doesn't make hoarding any more attractive than those poor folks on A&E.
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Just because you have a lot it's like hoarding on TV? I think huge piles of ammo are much more attractive than huge piles of trash and old newspapers - though only slightly more useful EOTWAWKI when you might trade ammo for paper for sanitary reasons
But I don't get why it is hoarding to buy ammo in any quantity you want to buy it in.