Report: Amazon’s Bezos Blasts Biden Over Poor Misunderstanding Of Basic Market Dynamics!!

Report: Amazon’s Bezos Blasts Biden Over Poor Misunderstanding Of Basic Market Dynamics!!

President Joe Biden has come under fire from Amazon CEO Jeff Bezos for asking oil firms to drop exorbitant petrol prices, leading the White House to defend the US president on Sunday. This is a time of war and global risk, that is my straightforward message to the firms running gas stations and setting prices at the pump, Biden tweeted on Saturday. “Decrease the pump price to reflect the price you are paying for the product. And act right away,” said Biden. Biden’s comments, according to Bezos, “either straight forward misinformation or a poor misunderstanding of basic market dynamics,” “Ouch….


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