I keep hearing about how the supply and demand cycles are “lagged” and that this price spike happens every 3-5 years for purely economical reasons. I feel like I’m being gaslit — I don’t recall any such price spikes in the past of this magnitude. You’re telling me that there’s a totally predictable price cycle and NO ONE has prepared for it? Or else prices are just high temporarily and no one can step in to increase supply? Either way, it seems that there’s not enough competition in this market.