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Jeff Bezos blows up Biden for blaming gas companies for high pump prices

Jeff Bezos accused President Biden of blaming gas station companies for pump highs on Saturday. The Commander-in-Chief has adopted the "wrong direction" or the "deep misunderstanding" of economic fundamentals.

In a Saturday afternoon tweet, the president's official account wrote: dangerous. "

" Lower the price you are charging for your pump to reflect the cost you are paying for your product, "Biden added. "And do it now."

Later on Saturday, the second wealthiest person in the United States blew up Biden's tweet.

"It hurts. Inflation is a very important issue for the White House to continue to say this," posted Bezos, founder and owner of the Washington Post at Amazon. Did.

"It's either a direct misunderstanding or a deep misunderstanding of the basic market dynamics."

pain. Inflation is a very important issue for the White House to continue to make such statements. It is either a direct misunderstanding or a deep misunderstanding of the basic market dynamics. https://t.co/XgKfEICZpk

— JeffBezos (@JeffBezos)July 3, 2022
Joe Biden.
Susan Walsh / AP
Gas prices.
Nam Y. Huh / AP

Russia's invasion of Ukraine in FebruaryandInflationwent back and forth as Americans were paying higher gas prices.

Thursday,Biden told reportersthat American car owners would have to pay "as much as possible" high gasoline prices to end the war.

The cost of replenishment can be even higher.

Jeff Bezos.
MandelNgan / AFP via Getty Images

Gas prices soar The industry's specialty is above the current near-record level "apocalyptic" when the potential hurricane season causes significant turmoil in US oil refiners. Housewarned last month.

Saturday wasn't the first time the president and a frank American billionaire have recently engaged in a verbal war.

In early June, Billionaire's Elon Musk was revealed to have very "very bad feelings" towards the US economy under President Biden, I was planning to dismiss about 10% of the workers. At his electric car company, Tesla.

Biden responded to Mask's viewby shootingat Mask and his company SpaceX .

"I had a lot of luck on his trip to the moon," Biden said.

This allows Mask to counterattack Twitter with a link to the 2021 NASA press release on SpaceX The next American astronaut Moon.