Hacker News new | past | comments | ask | show | jobs | submit login

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.



The 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


Then go to Cash and Carry to buy your oats?


You're moving the goalpost. The point was establish whether price gouging is occurring. We did that.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: