Well ofcourse especially if retailers managed to buy or hoard a certain item which has huge demand. But that doesn't mean that wholesalers are taking losses; it is just that their profit is lower than the retailers inspite of putting a bigger capital. Their edge is assured and instant profit over retailers who'd spend longer time to 'dispose' of what they are selling in the market.
Government need to step up on this since they are the one who can control the price of each basic necessities and if they cannot stop those greedy businessman then maybe this will be one of the reason the inflation rate rise up.
Yes, I agree with this, because I have experienced something like this in the past, including during the Covid period. Yes, many of them hoard a lot of needs so that it causes the prices of these needs to increase, not only that, even at high prices, I find it very difficult to get them.
Now I think the same thing will happen again where greedy people will take advantage of every available situation for their own benefit and don't care about other people. Things like this must be of particular concern to the government so that the same incident does not happen again, because it is detrimental to many people.
Hoarding, morally, is not a good thing to do. But if it is about business, that's what a typical business minded person would do. Demand is the key and they will take advantage of something and even contribute to it if it would create a bigger demand simply to generate bigger profit. Unfortunately, this is just how businesses work; taking advantage of any opportunity or even create that opportunity regardless if there will be people to negatively be affected of their action.