Wednesday, February 9, 2022

Price Gouging

It is a jungle our in marketplace America right now. 

For those who haven't yet figured it out, the COVID-19 pandemic is raging and it is affecting everything--and I mean everything. 

2022 Hyundai Tuscon
One article in this mornings Wall Street Journal really brought that home. The article was about GM and FORD warning dealers to stop overcharging for vehicles. The article confirmed that there are people, even in a pandemic when everyone is suffering, who want to take an unreasonable advantage and try to make a profit. 

I believe the problem is more widespread than the auto industry. It is possible that the inflation problem we are seeing across the board in all areas of consumer products from food, to durable goods, to automobiles. Unscrupulous businesses are preying on consumers in the middle of a pandemic where everyone is hurting in one way or another. 

I am being very wary of purchasing big items right now in the hopes that as we either defeat COVID or learn to live with it, life and pricing will return to normal and the price gouging will cease.

-- Bob Doan, Tequesta, FL

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