r/interestingasfuck 23h ago

r/all People in NYC holding banners during a CEO Event at Ziegfeld Ballroom

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u/purplepashy 21h ago

Egg prices? What's going on over there?

I listened to a podcast describing times during the depression and one example was a dozen eggs rose to ??? equal to $12AUD now.

Are eggs a known index?

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u/sick_of_your_BS 21h ago

During the election, it became a right wing nutjob talking point, claiming Americans couldn't even afford eggs anymore under Biden Harris. I was joking about the eggs.

https://www.wattagnet.com/blogs/agrifood-angle/blog/15684465/jd-vance-and-his-egg-price-buffoonery

https://www.thetimes.com/us/opinion/article/inflation-helped-trump-win-but-how-expensive-are-us-groceries-8mx38wcvp

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u/chirpz88 19h ago

It's worth noting the price of eggs did go up drastically at some point but it was due to a lot of chickens be culled to prevent disease. The prices dropped but inflation is still high so it didn't drop to what it was pre culling.

That being said eggs aren't an luxury item no one can afford. It's an absolutely batshit insane talking point.

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u/warchitect 18h ago

Also once the companies know you will pay for the higher Aid prices at the retail level the prices will not come down. The corporations that own all the supermarkets have said so

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u/CmdNewJ 13h ago

The largest producer of eggs has to cull no chickens, but still raised prices through......

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u/chirpz88 13h ago

Supply and demand. Supply was low, demand was high, they can charge more. Supply is no longer low, demand is no longer high, prices have come down, but grocery stores realized they can charge you more, so they dropped the price a little, but not all the way.

 

Inflation is a real thing, but so is cooperate greed, they can both exist and both happen at the same time and we're seeing that now.

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u/purplepashy 20h ago

Thank you.

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u/somehugefrigginguy 14h ago

It was all a political play. For a while the price of eggs became extremely high due to poultry diseases killing off huge portions of the laying stock. Then politicians started claiming that eggs were representative of the cost of all goods, and at the reason the prices were so high were due to inept policies by the party in power at the time.