Yes, at this time, it does make sense to fix up our bikes, and for some, maybe sell them as well. Low supply has created a sellers' market, and it applies to us bicycle owners and sellers as well as manufacturers and the millions of middlemen/women. Many retailers, like bike shops, and the legions of service-providers, are also trying/having to recover lost revenues more than covering expenses.

But the bicycle industry, specifically, peaked decades ago and has been truly hurting for years. Bicycle sales have been hurting for years and the industry has tried to survive by selling more of the most expensive lines and building/creating evermore of the latter. I'm about to test-ride a new 400cc motorcycle that has an MSRP that is less than a bunch of current, recent, and less-recent Trek, etc. offerings. Imagine the differential engineering, manufacturing, shipping and other costs of these categories of two-wheelers -my life-long passion. Consider that bicycle costs have very little to do with prices, though prices probably have everything to do with even surviving.

The pandemic compounded the problems. Check out this pre-covid article on one large retailer: note the reference to other weak bike businesses, and pre-covid tarrifs that predictably/purposely raised costs and prices, and also predictably, helped sink a bunch of weak ships:
https://www.bicycling.com/news/a2630...cycle-closing/

Finally, yes, there is a TV program called American Greed on the major business channel in said country.