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7/3, 11:28 AM (Source: TeleTrader)
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Bezos criticizes Biden over inflation post

Billionaire Jeff Bezos took to Twitter on Sunday to criticize United States President Joe Biden over his latest call on energy companies to immediately drop gasoline prices.

Yesterday, Biden tweeted that "companies running gas stations and setting prices at the pump" should cut gas prices "to reflect the cost [they are] paying for the product."

Bezos said that "inflation is far too important a problem for the White House to keep making statements like this" and that "it's either straight ahead misdirection or a deep misunderstanding of basic market dynamics."

Baha Breaking News (BBN) / MS