I don't disagree with anything you've said, and I think most folks on this forum have a decent handle on supply and demand. But the uncool aspect of this is Midway's rather unique response as compare to Brownell's, Graft's, Natchez, Scheel's, and [insert name of other large and typically reputable dealer of reloading supplies]. None--zero--zip--nada of the other listed shops have jacked up prices in the same manner as Midway. Prices have risen very slightly per 1k for the other outfits, which blows the notion that distributor pricing is causing Midway to double its prior pricing. All the other major shops have been dropping primers for reasonable rates (you have to be super diligent and they sell out very quickly--but I've personally bought multiple times from all of them in the past few months). This severely hampers the argument that Midway's goal in doubling (or more with the 1 box limit and shipping fees) the cost of primers, bullets, and other components is to help the market correct (i.e., set prices so high as to make reselling problematic). One has to assume Midway knows none of its closest competitors are following suit (PowderValley is close). And anyone with a reasonable grasp on economics also knows that if all retailer start following Midway's lead and double+ their margins . . . the end result will simply be an exponential increase in prices on the secondary market (i.e., GB, locally, and here).
I'm a lifelong Missourian and like to support Missouri-based businesses. For now, that means Grafts will be getting my business whenever possible. Mr. Potterfield (estimated net worth in excess of $300 million) doesn't need to abuse his customer base or promote further inflation in the component market to make a living.