RE: Hoarding
Historically, governments have frowned upon hoarding. Especially in bad economic times, stigmatizing the hoarder for "causing" high prices or shortages because he buys more than his "share" serves a useful political purpose. They divert attention away from government policies, such as tariffs, that are the true cause of empty shelves and high prices. By stirring up resentment toward neighbors who own one more can of peas than you do, politicians avoid the full and just brunt of public anger.
Hoarding, like any other human activity, can become obsessive. But in its common form, hoarding is nothing more than preparing for the future by laying aside a store of items you and your family may need. This is an especially valuable practice during economic instability, when necessary supplies can become scarce or suddenly double in price.
http://mises.org/daily/5200/Guerrilla-HoardingThe above quotes are from a post about hoarding I read a while back on Mises.org. IMHO, hoarding is a basic human impulse that has served us well throughout the millenia; those people who took the time to save goods and money during the easy times were the ones who were more likely to make it through the tough times.
.02BTC