I am so sick and tired of the bashing Fender or any other company over the prices of their instruments. It is literally so easy to just ignore them. In this case, if you had been paying attention, the Rex Brown Epi Thunderbird was right in this same price range, so there really should be no surprise.
I don't like prices going up any more than anyone else, but welcome to 2025 reality, if you don't know things are going up in price it is because you choose to not to pay attention.
I realized the other day that I have only a handful of basses that were built in the US. I have some Epi's that were built in China, some Laklands built in Indonesia, some Fenders built in Mexico and a whole bunch of Ibanez that were built in Japan. Basses from every one of those countries has increased dramatically in cost over the last few years, get over it. Fender is an easy target, but hardly the only one.