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Money and Finances
Reply to "Where exactly does all the inflation money go?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Corporations are doing stock buy backs and paying their CEOs multi millions. Meanwhile, the workers themselves aren't doing as well The largest egg company in America? Gas companies? Banks? And many more, all reporting record profits. [/quote] YET there is an "egg shortage". At Whole Foods there was a sign saying you could only buy 2 packs because of a nation wide egg shortage.[/quote] The egg shortage is bc of an avian flu virus requiring culling of large numbers of chickens. The price of beef is up for a different reason which is that there are fewer and fewer beef farmers raising cattle.[/quote] No. From Robert Reich, Labor Secretary under Clinton, on Instagram (@RBReich): Egg prices are up 60%. That's absurd. People are paying upwards of $6 and $7 for a dozen eggs. Why? Corporate Greed. Cal-Maine, the largest egg producer in the US, is raking record profits -- $198 million in its latest quarter. That's a 65% increase from a year ago. Corporate greed is behind the skyrocketing egg prices -- and the media will hardly talk about.[/quote]
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