How, exactly?
People keep on buying. There's nothing at all wrong with increasing a price if people will keep on paying it.
If you can't afford it, stop buying it.
It's very simple.
I'm a bit sick of seeing people complain about gas being $3.35 per gallon when they have no problem buying a gas guzzling V8 car/truck and blow 1,000 dollars on a new iPhone every single year.
I find myself near the other end of the spectrum. There are a shipload of things I had to stop buying because I could not afford them anymore. My cellphone is from around 2013... My car is a 2.2 liter four-banger from 2004. You get the drift.
Though, most of the time, I drive my father's diesel, as it has a slightly better fuel mileage and price...
That I am still driving a car is out of sheer necessity, as I live in a rural area with technically non-existant public transportation.
Diesel fuel is about 2€ per liter. 1 US gallon equals 3.785412 liters. You can do the math, I am too tired, right now.
Standard fuel is about 2.20 € / L...
I just worked out the gas price in the UK in my local town is equivalent to $6.23 per US gallon. Unsurprisingly V8s are extremely rare here. Generally we don't need to drive as many miles per year than many people in the US and the fuel grade is higher helping to lower consumption, so not quite as bad as it first seems.
That is correct. But those prices still hurt if you have to live from a small early-retirement pension...
My neighbor complains and complains and complains about the price of gas.
He drives a $75,000.00 6,000 pound Cadillac Escalade with a huge 6.2 liter V8 in it that has a 30 gallon gas tank on it and gets 15 miles per gallon.
Yeah. This type can be found here, too. Although it is less likely to meet one than it is in the US...
I noticed an increase in EVs in my neck of the woods, though.