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Eggs are 10.99 in denver.
(i.imgur.com)
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this post was submitted on 30 Jan 2025
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My understanding is mostly a bird flu but also inflation.
It's ok, though. Trump has installed a loyalist who will scrub all mention of bird flu from the USDA website. Problem solved!
Look how well it worked out at the FAA!
"SLOW THE TEATING DOWN, PLEASE."
Actual inflation or inflation mixed with greedy price increases?
Do you have any sources for this? Also the songs that mention it? I'd like to read more about this
Thanks for all that. I would not bother responding to these guys after an initial comment because I sense they are just being disingenuous.
Definitely some greed. One grocery store here charges 50% more than the other just because (imagine: it's a Kroger owned store). Neither store is a discount or lower-end store either. Ridiculous.
And coincidentally (or no really coincidentally at all), OP's pic looks like a Kroger owned store too based on the price tag and the inconvenience sticker. Shocker that they'd charge that price 🙄
Why not both?
Indeed!
Yes.
In this case it's a commodity so that's actually hard to do.
It's just inflation. Corporate greed is a poor excuse for price increases
So it's your opinion that corporations were not greedy before 2020?
Ok thanks.
I don’t think corporate greed is a poor excuse though.
All prices in the UK have gone up by substantial amounts over the last 5 years. While at the same time these massive corporations have recorded record profits.
If the price increases were purely inflation then it would stand to reason that profits wouldn’t have gone up so much. Clearly they’ve used inflation as an excuse to squeeze consumers as much as possible.
I am talking generally here and not specifically about eggs.
Is it truly your belief that corporations were not greedy over the last 15 years, but somehow got really greedy at the same time that there were major supply chain shocks across the planet? Or is it more likely that "corporate greed" is a more enticing answer to a complex economic problem?
During inflation, the value of EVERYTHING goes up. Companies pull in more money because money is not worth as much as it was
Oh you’re misunderstanding me. I’m not saying corporations started being greedy over the last 5 years. I’m saying that they turned up the dial as far as they could. They’ve always been greedy.
By greedy I mean they have to extra t value for shareholders. Then you have pensions, UK at least, tied to the stock market making it almost impossible to change the system due to the fact we need to account for the elderly and we refuse to increase taxes by a substantial amount on obscene wealth.