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Whilst corporate greed is a very real monster that rears its ugly head at times, corporate greed is not the driving force behind the rising price of eggs. The following is from an official Government website...

Avian influenza outbreaks reduced egg production, driving prices to record highs in 2022-

The following is also a good read on that matter...

Robert Reich is wrong: 'Corporate greed' isn't to blame for egg prices.
Some laws of economics are ironclad. Competition is a natural regulator of economic activity. When demand outweighs supply, prices will rise. And when prices rise, a prominent progressive will blame it on corporate greed.

A widespread avian flu outbreak devastated the poultry industry in 2022, causing the deaths of more than 43 million hens. December egg inventories were down nearly 30 percent from the year before, just in time for the holiday baking season. Under the basic rules of economics, a persistent drop in supply leading into a time of increased demand is bound to have this result.

It is inherently more likely that these fluctuations in prices are driven by market forces than that egg manufacturers all simultaneously decided to charge more. After all, when egg prices plummeted from $2 to $1.32 in mid-2020, Reich did not argue that this was a result of poultry firms' generosity and not a side effect of a giant decrease in demand at the beginning of the COVID-19 pandemic.-

SpikeTalon 9 Jan 23

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