The feds appear to be buying all the ammo through straw purchasers.
I had a dealer at a show I went to on Sat tell me that there’s no truth that the Feds are buying all the ammo including hollow points which is what I was looking at. He said the “rumor” was causing panic buying. I questioned him for awhile but he said he’s been in the business for 20 years so I couldn’t argue with him.