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Run! Run! I Don’t Know Why, Just Run!

Run! Run! I Don’t Know Why, Just Run!

There’s a several day delay in gasoline deliveries due to the ransomeware attack, so people are lining up at the pumps. I guess while they’re there, they can stop in the mini-mart and stock up on toilet tissue.

There’s a temporary rise in prices in some sectors, but the Fed indicates it’s temporary, expected, and they’ll keep interest rates cheap, but the market plummets.

A chlorine factory burned down, apparently, so pool owners are trying to stockpile chlorine in anticipation of opening their pools in the northeast. (You can buy chlorine in a chain like Leslie’s without any problem.)

This isn’t capitalism, it’s knee-jerk-ism. The media fans these flames. Every wind increase means the house is coming down, every rain storm presages a flood, every problem becomes a disaster. Hoarding, of course, makes things worse, not better, and is the ultimate selfish act. But people get scared and keep running, grabbing, saving.

The trouble is, they’re running from reason.

Written by

Alan Weiss is a consultant, speaker, and author of over 60 books. His consulting firm, Summit Consulting Group, Inc., has attracted clients from over 500 leading organizations around the world.

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