Egg price watch
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Yep. He should be good.
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@Jolly said in Egg price watch:
Overall rate of inflation has slowed.
Due to President Trump or President Biden?
@taiwan_girl said in Egg price watch:
@Jolly said in Egg price watch:
Overall rate of inflation has slowed.
Due to President Trump or President Biden?
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@89th said in Egg price watch:
True, inflation has gone down 0.2%. Nest egg has gone down 10.0% SAD
Just think of it as a 10% off…
Seriously? I get the concern and I don’t see the logic in what he’s doing other than setting a madman baseline. And I think my income is probably more current economy based than most of yours. But I’m not going to rush to conclusions and am a little more willing to wait and see. Maybe I’m wrong, but what am I going to do either way? Buckle up and hope that I’m right, and that if I’m wrong the United Stated relationships and the global economy can take it.
IT DOES HELP THAT I’ve sent Luke’s final tuition bill in…
@LuFins-Dad said in Egg price watch:
@89th said in Egg price watch:
True, inflation has gone down 0.2%. Nest egg has gone down 10.0% SAD
Just think of it as a 10% off…
Seriously?
I’m not too worried. Honestly I kind of hope S&P gets below 5k then I’ll shift investments into aggressive growth mode for the next few years to capture the rebound. It was only at like 3200 before COVID…
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Importing eggs is two week old news stuff.
Prices have fallen...
But I do think prices will rise for Easter, before resuming falling.
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But let's be realistic. The cost of eggs has nothing to do with President Trump (or President Biden). Fun to try and blame one of the other, but I think we are all smart enough to know otherwise.
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TRUMP: Eggs… you were the one who asked me. It was the first week. I didn’t even know what you were talking about. Egg prices were so high you couldn’t buy eggs. They didn’t have any eggs. None! And then—we had Easter at the White House and we had thousands of eggs. Thousands. And prices were down 87%. People couldn’t believe it. They were crying.
WELKER: That spike was because of bird flu, not policy. It was a temporary supply shock, not economic sabotage.
TRUMP: Why do you say that? I had—We had the same bird flu as he had. Same birds. Same flu. Maybe worse birds, to be honest.
WELKER: Sir, your timeline doesn’t even match. The outbreak peaked after you left office. Prices surged under Biden due to reduced flock size, and they stabilized because supply recovered.
TRUMP: No, no. Under me, eggs were patriotic. Everyone had eggs. Golden eggs. Under him, people were hunting pigeons. I saved the egg industry. Look it up. Google “Trump Easter Miracle.”
WELKER: You’re taking credit for an agricultural cycle and blaming inflation on poultry diseases.
TRUMP: I fought for eggs. Biden’s too weak on eggs. You need tariffs, you need toughness. You don’t beg the birds — you dominate them.
WELKER: That’s not how avian flu works.
TRUMP: That’s what they said about COVID too. I was right there too. The birds loved me. I never got bird flu, did I?
WELKER: I don’t even know what we’re talking about anymore.
TRUMP: We’re talking about winning. With eggs.
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@89th same thought. Sad also that my first thought was that it is true.
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I don't think this has been discussed here when talking about the egg crisis in America. We appear to be the only country that sanitizes the eggs , which removes a protective layer, and thus requires refrigeration for storage and display in supermarkets. That has to cost something extra for the delivery of these eggs as we don't like Salmonella in our diets.
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Because it had nothing to do with the increased costs. The cost of transportation and refrigeration has been baked into the price for generations. The only way to point to transport as a factor is if the fuel price increased. Now, if we had just switched to this sanitation method, the. You could point to it.
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One risk is that people who travel internationally realize ‘you don’t have to refrigerate eggs’. But you do have to refrigerate US eggs.
I often mention this if I’m at an immigrant’s house and see their egg on the counter. They usually ignore me thinking I’m being an overly precious American.
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One risk is that people who travel internationally realize ‘you don’t have to refrigerate eggs’. But you do have to refrigerate US eggs.
I often mention this if I’m at an immigrant’s house and see their egg on the counter. They usually ignore me thinking I’m being an overly precious American.
@jon-nyc said in Egg price watch:
One risk is that people who travel internationally realize ‘you don’t have to refrigerate eggs’. But you do have to refrigerate US eggs.
I often mention this if I’m at an immigrant’s house and see their egg on the counter. They usually ignore me thinking I’m being an overly precious American.
We actually normally have a few eggs on the counter. Friends with a farm… We don’t get enough to meet all our needs, so normally buy eggs at the regular grocer, too. We use those for baking/cooking ingredients and use the farm fresh for eating…
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Posting for a friend:
If something becomes four times cheaper, that phrase is ambiguous and often misused.
But if we interpret it literally:
- “Four times cheaper” does not mean it now costs $0.25.
- It should mean that the new price is one-fourth of the original price.
So, if the original cost is $1.00:
$$
\text{New price} = \frac{1.00}{4} = 0.25
$$Answer: $0.25
️ Note: Some people mistakenly think "four times cheaper" means "$1 minus $4," which makes no sense. The more accurate phrasing would be “the price was reduced by 75%” or “the price is one-quarter of what it was.”
