To mitigate the price rise during a shortage, I have been thinking about an insurance-type structure. If a supply runs short, there’s a very real need for people to actually produce the product, but that can result in having to call more people in to work, longer hours, overtime, etc. And there’s also the extra cost of delivery.

With an insurance structure in place to provide funds during these situations, it would allow a quicker response without as much of a spike in prices. Companies could draw the funding for these increased costs from the insurance instead.