The U.S. government is on a global egg hunt. It's seeking exports from countries in Europe and elsewhere to ease a severe shortage that has caused egg prices at grocery stores to hit record highs.
The U.S. government is on a global egg hunt, seeking exports from countries in Europe and elsewhere to ease a severe shortage that has caused egg prices at grocery stores to hit record highs.
Not when their current president campaigned loudly about how high egg prices were all Joe Biden's fault, and that when elected, Trump would bring down prices immediately.
Now prices are far higher, coupled with shortages, with no Imediate anything.
I meant stop buying more eggs than they were before. People are panic buying eggs. Just stop paying high prices for everything, that's why prices are high.
It's econ 101. Demand should go down if prices go up, but people are fucking dumb and just accept higher prices. I'm seeing signs at the grocery store that say "limit 3 cartons." People are absolutely panic buying more eggs than they need. Just like ps5s there was a "shortage" due to scalping, but people were buying them from scalpers because fomo. The same people elected DT, you reap what you sow.
I bet you think the president personally calls every gas station to set the prices. There's literally nothing he can do about egg prices, he lied if you can actually beleive it. Consumers are responsible for the prices they pay. If the store is gouging you and you still buy it, then you have no right to complain.
If people were rational, then they would use a substitute or reduce their consumption. Demand goes down, then price goes down. Egg prices affect baked goods as well, so when people are paying high prices they are shooting themselves in the foot.
I don't think that's all of it, but you're not wrong. Part of it is supply shortage (whether it's truly real or partially artificial), but there's definitely an aspect of "this is toilet paper all over again".
I can easily just buy fewer eggs and wait for prices to come down. When I saw the toilet paper panic starting to happen I bought a second bidet and pooped at work more often. I just don't get the "pay inflated/scalper prices" mindset. Just don't buy it.