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The price of a pound of oats at the regular grocery store has trebled over the last year to 5.00/lb. Meanwhile if you buy them in 25 lb bags at Cash and Carry t
by throwaway173738 3y ago
The price of a pound of oats at the regular grocery store has trebled over the last year to 5.00/lb. Meanwhile if you buy them in 25 lb bags at Cash and Carry they’re less than 80 cents a pound. Someone is gouging like crazy.
- jimbokun 3y agoThen go to Cash and Carry to buy your oats?
- guerrilla 3y agoYou're moving the goalpost. The point was establish whether price gouging is occurring. We did that.
- pookha 3y agoThe producer price index in the US was at 118 in 2020. It shot up to 140.72. In the US that corresponds to the producer having less purchasing power which directly ties into our consumer price index and the raw costs of goods. At one point the producer-side inflation was WORSE. Businesses were loosing their asses in the US. it wasn't "price gouging". https://ycharts.com/indicators/us_producer_price_index https://ycharts.com/indicators/us_producer_price_index