With the runaway inflation in the last few years, most Americans do not know how much a dollar is worth anymore.
Government economists will tell you that US inflation has been approximately 7% compounded in the last two years or so. And, surprisingly (because nobody in their right mind believe a word of what the US Gov't feeds us anymore) this is the truth of the relative value of the dollar currently, when the dollar is compared to other global currencies on the global exchange.
So, why have prices for most consumer goods skyrocketed to double or even triple the price tag when compared to early 2020?
Simply because, in an era of runaway inflation, American corporations take advantage of the public's ignorance as to how much buying power a dollar has. In actuality, the public feels inflation 5x that of the actual relative strength of the American dollar because of American corporate greed, as corporations supplying the public with consumer goods capitalize on the lack of genuine information available to the public and the misconception that the public wouldn't understand it, even if provided genuine information.
Here is the conundrum put before all American corporate executives:
We can make $1 with transparency in consumer pricing or we can make $5 with (subjectively) unethical dealings with the consumer market.
No one seems to want to do legitimate business anymore. They will claw for every last cent they can get from you, and they will do or say anything to get it.