Bezos criticizes Biden's order to reduce the price of gasoline: “market misunderstanding”

Jeff Bezos, fundador e presidente executivo da Amazon, discursa na Conferência das Nações Unidas sobre Mudanças Climáticas, na Escócia, em novembro de 2021.
Jeff Bezos, founder and CEO of Amazon, speaks at the United Nations Climate Change Conference, in Scotland, in November 2021.| Photo: EFE/EPA/ROBERT PERRY

“Reduce the prices you charge at the pumps to reflect what you pay for the product. And do it now,” tweeted US President Joe Biden. In response, Amazon founder Jeff Bezos commented that the president demonstrates “a misunderstanding of basic market dynamics”.

“Inflation is too important an issue for the White House to continue making statements like this. market,” said Bezos, retweeting Biden’s message.

The White House continued the debate: also on Twitter, government spokeswoman Karine Jean-Pierre stated that the reason behind high gasoline prices is not just about “basic market dynamics” and that ” the market is letting American consumers down.”

John Kirby, a spokesman for the National Security Council at the White House, said Biden is trying to reduce gas prices, which hit $4. , close to the record $5,016.

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