Joe can’t remember how to use toilets , so
This is how auctions work, right? The more people bidding at an auction, the lower the price, right? Right? /s
He is absolutely dumber than Jimmy Carter.
Assuming there is supply to meet the demand
Hi demand and low supply = increased prices
At least until supply catches up
At least that’s I learned from an MBA and spending a night in Holiday Inn Express
Absolute shock about what? I probably missed something. It wouldn’t be the first time.
Gropy Grandpa is a dumbass.
Always was.
Always will be.
So people aren’t going out and driving then why has gasoline doubled during the Chomo’s regime?
He knows. But there’s no percentage in it tor him.
Biden isn’t shocked. Communists play a great long game, and they are following their plan down to the letter. Democrats and their MSM colluders keep trying to repackage it but few are buying. I watched a video from Mark Dice about how that won’t stop Hollywood from trying, and you can check it out in crawler link top of page at Whatfinger News. Mark missed the 2014 all black remake of ‘About Last Night...’ (1986) and a lot of others. This didn’t just start recently! Everything the left does is intentional and they are not dumb, they are insidious monsters.
But, never happen.
he’s not smart enough to understand the business model of a lemnonade stand...
Only if supply of the product is plentiful and available from many sellers. Anyone remember what the term "gas war" means?
The self soiling idiot doesn’t understand how supply/demand works.
That is not how it works.
When demand is high & supply is low, prices go up. Plus, when the government prints more money (trillions), the value of all dollars decrease, leading to higher prices.
I learned about inflation as a youngster i collected old newspapers and bottles and one day the deposit on soda bottles went from 2 cents to 3 cents I thought I hit the jackpot with my stash of bottles stored in the garage...Later I as a preteen I delivered newspapers for 5 cents in the neighborhood. The price went to 10 cents and I lost a lot of customers, who said the paper wasn’t worth it. My take went from 2 cents per paper to 4 cents a paper I netted nearly the same and had almost half as much work to do...so some people can profit from inflation and others lose.