By Joshua Fields Millburn & Ryan Nicodemus · Follow: Facebook, Twitter, Instagram

In this episode of The Minimalists Podcast, The Minimalists talk about the psychology behind panic buying, and they answer the following questions:

• What causes panic buying?
• What are the causes of supply-chain shortages?
• What have you seen purchased in recent panic-buying frenzies?
• When might it be appropriate to panic?
• Is it ever advisable to simply save money for medical emergencies rather than spending that money monthly on health insurance?
• Can everything be negotiated?
• Do other countries respond to crises with panic buying similar to the United States?
• Where is the line between preparation and hoarding?

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Minimal Maxims

Joshua & Ryan’s pithy, shareable, less-than-140-character responses. Find more quotes from The Minimalists at MinimalMaxims.com.

• “You won’t have enough until you know what enough is.” —Joshua Fields Millburn
• “The simple things aren’t the easy things.” —Ryan Nicodemus

Mentioned in This Episode

• Added Value: A Man Named Scott
• Book: Love People, Use Things
• Book: Minimalist Rulebook
• Instagram: Mallory French
• Instagram: Jordan Moore
• Instagram: Podcast Shawn
• Instagram: Jessica Williams
• Instagram: Danny Unknwn
• Listen: “Day ‘N’ Nite”
• Patreon: The Minimalists
• Podcast: Emergency Items
• Podcast: T.K. Coleman
• Podcast: Jay Nash
• Resources: The Minimalists
• Subscribe: The Minimalists
• Text: 937-202-4654
• Tour: The Minimalists

The post Podcast 326 | Panic Buying appeared first on The Minimalists.