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FEATURED The Official 2024 Presidential Election Thread

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TheNightKing said:
The price gouging thing is real. The economy and inflation is actually doing well so you would think pricing would go down. Maybe the lack of interest rate cuts is contributing, but it’s probably more so companies know people will pay so they charge higher prices.

Same thing happened with gas prices back in the 2008 recession. Even though the price per barrel started going down gas prices remained high so companies could squeeze as much profit as possible before the demand dropped.
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The bold is part of the problem a serious part.
 
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