It's not a reasonable response. If you don't need a PC right now, buying in the middle of a demand spike is the worst time to do it.

It's only a spike if it comes down. Every RAM chip is a lottery ticket with a plausible chance of giving one lucky winner fabulous prizes like absolute dictatorship of the entire world and physical immortality. What else are the billionaires going to spend their money on? Arms races can absorb unlimited resources.