H
Harpy Eagle
Guest
I have seen clear evidence of price gouging on some products.
One major brand of cereal is fast disappearing from shelves - likely due to shortages caused by a strike. This morning I checked prices - one in the family is partial to that brand. What had been selling for $4.99 two weeks ago is now $7.29. Where there normally are about 16 boxes on the shelf there were only 2. It was easy to pass them up because when I heard of the strike about 3 weeks ago I bought a full case online at a price that worked out to about $3/package for the same size - even then a good price compared to the supermarket shelf price.
Not always easy to anticipate shortages/gouging but not impossible.
One more example: A particular eye care OTC product bought last week in a six-pak for $7.15 each today sells for $14.75 per unit.
But there's NO inflation!
Is it price gouging or is it inflation?