For the first time this year, in decades of hunting, I bought a case full case of shells when I found them on the rack at Cabelas. I saw low selection and empty shelves everywhere else I looked for my favorite load and figured ammo would be going into shortages like all the other items lately. I still have half of them leftover so I obviously bought double what I needed. It was more than I normally spend to go hunting but the price was pretty good to buy in bulk so I figured I could put up the extra money now, then I'd have them for hunting and save in the long run. If the price had been $5 more per box, I would have probably passed at buying that much and they would have stayed on the shelf for someone else.
So you do want to see prices rise with the demand and that will start tipping the scale away from buying due to uncertainty like I did. You might even get ammo companies to get more production online if they see long term sales volumes trending up and profit margins that make it worthwhile. As long as the government stops distorting the market with bans, threats, regulations and emergency powers shutdowns, the free markets will get back to the lowest price and the right supply amounts on the shelves.