Elizabeth Warren Proves She Has No Idea How the Basic Concept of ‘Supply and Demand’ Works

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Screencap of Twitter/X video.Massachusetts Senator Elizabeth Warren was recently mocked on CNBC for fearmongering over the economy and getting tons of stuff wrong in general.This is what Warren does now. It is what she has done every single day since the 2024 election. she complains and fearmongers about Trump and doesn’t even seem to care if what she is saying is even remotely true.Now she is showing the world that she has no idea how the simple concept of supply and demand works.Townhall reports:Elizabeth Warren Proves Once Again That She Has No Idea How Basic Economics WorksIt’s a fairly good rule of thumb that if Elizabeth Warren is against something, it’s probably a good thing that you should support. Or, at the very least, it reveals just how ignorant she is about how our supply-and-demand economy actually works.She’s now waging a war against “dynamic pricing,” which she claims is how “giant companies … squeeze you even more.”Yes, when people want more ice cream in the summer, the demand goes up while supply usually stays the same. So prices will go up. Same thing with tea bags in the winter.Consumers often accept dynamic pricing. Airline tickets, for example, vary by price based on the day of the week and the season. Hotel room prices are subject to dynamic pricing, too.See her tweet below:We should all be worried about "dynamic pricing."That's when companies change their prices in real time.If it's hot out, the cost of ice cream could go up. If it's cold, tea bags could go up.It's a way for giant companies to squeeze you even more.— Elizabeth Warren (@SenWarren) August 16, 2026 People were quick to respond:Why do you hate happy hour pic.twitter.com/DpHMKCR66l— Sean Agnew (@seanagnew) August 17, 2026 Thank you. I want a Federal government that regulates the price of ice cream.— Holden (@Holden114) August 16, 2026 Senior Senators can't grasp basic economics. This tracks.— (@txsalth2o) August 17, 2026 Should hotels by the beach be forced to charge the same rates all year?Should airline tickets cost the same whether you book them five months in advance or the day before?Should happy hours be banned?If you answered "no" to any of these, you support dynamic pricing. https://t.co/KgXW0QKSbP— Dominic Pino (@DominicJPino) August 17, 2026 Elizabeth Warren is doing what all of the leftists in the Democrat Party do.She is trying pretend that every company is trying to screw you and that only she and Democrats are here to protect you from their evil ways.The post Elizabeth Warren Proves She Has No Idea How the Basic Concept of ‘Supply and Demand’ Works appeared first on The Gateway Pundit.