They’re literally doing capitalism. M - C - M’ is described in the first part of Capital. This is money operating as capital. Buy a commodity for M, then sell it for M’ that is greater than M. You have no interest in the use value of the commodity. The only thing that matters is it’s exchange value.
They're delusional and think it will just all work itself out, or the government will step in and C'mon Man the scalpers into playing "fair".