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Price gouging
(i.ibb.co)
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this post was submitted on 07 Jun 2024
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Yeah we had a temporary scarcity of supply as global production dropped as a result of our attempt to put the economy into a medically induced coma in 2020.
I mean, we also had a massive decrease in competition as a result of that same economic policy. So companies have been more able to step away from the supply and demand curves in terms of pricing, because the natural market got screwed up.