In normal markets with advanced supply chains, you don't get empty shelves, you get higher prices and substitute lower quality goods
In normal markets with advanced supply chains, you don't get empty shelves, you get higher prices and substitute lower quality goods
The biggest two supply chain shocks in living memory were (a) covid and (b) Russia decoupling from the global economy in 2022 and, other than very briefly and initially, the results were not empty shelves. The result was a massive inflation shock
Also, fwiw, I see empty shelves a LOT as I travel around the country. Shelves aren't empty in rich white neighborhoods, but get out into rural areas or into poorer neighborhoods and there are lots of empty shelves.