Jeff Bezos Calls Out Joe Biden’s Latest Inflation Claim

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Jeff Bezos accused US President Joe Biden of deceiving the public or claiming he had a fundamental knowledge of the dynamics that truly determine prices after President Biden called on corporations operating gas stations to cut the price of petrol.

Bezos tweeted on Saturday night, “Ouch. Inflation is far too important a problem for the White House to keep making statements like this,”

Biden urged gas stations to lower their prices for fuel in a direct plea to them.

Biden stated on Saturday morning, “My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril. Bring down the price you are charging at the pump to reflect the cost you’re paying for the product,”

The president made no hesitation in requesting cooperation.

The post, according to Bezos, was quite revealing to him and may have shown how little market knowledge Biden had.

Tim Young, a comedian, referred to Biden’s post as pure gibberish.

As Biden continues to attempt to place the blame for record-high gas prices somewhere in advance of the November elections, Bezos has emerged as an unusual opponent of the Biden administration.

Over the last year, Biden has placed the blame for the highest-ever gas prices in US history on former President Donald Trump, MAGA Republicans, the coronavirus epidemic, oil producing corporations, and even gas stations. Russia and its ongoing conflict with Ukraine have also received criticism.

Bezos and the White House previously fought over growing inflation, which the White House attempted to attribute to big businesses like Bezos’ Amazon.