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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Wait...there is a shortage of eggs which is why they cost more, yet corporations are making record profits? How does this make sense??[/quote]

Pre-gouging company sells 1,000,000 dozen eggs a week at $2/dozen, makes $2,000,000 in revenue.

News hits of egg shortage, company says "well we're sorry but we [i]just can't help but[/i] raise prices, we're all feeling the hurt after all!" Now they sell 500,000 dozen eggs a week at $4/dozen and still make $2,000,000 in revenue, but they make more profit than they did before because they're only feeding half as many chickens and shipping half as many eggs so they use half as many cartons, pay half as many truck drivers, buy half as much gas, etc.

Then because they see their $4 eggs are still selling out, they raise them to $5, then $6.

Then comes the really fun part, when the avian flu outbreak ends and they go back to selling 1,000,000 dozen eggs a week but only drop the prices back to $4/dozen, and when you complain and say "hey didn't eggs cost $2? You said you only had to charge more because of the avian flu, but now that's over and eggs cost twice as much as they did before" they say "Inflation, it's all Biden's fault! You better vote Republicans in if you want $2 eggs again!"

Then the Republicans take power and they pass laws that say you can cram twice as many chickens into tiny cages as before, you can dump their manure straight into the river, and and you can grind up the old, dead, diseased chickens to feed to the living ones, and yet somehow eggs still cost $4.  [/quote]

I appreciate the explanation, as bleak as it is. So many things have me shaking my head, I'm afraid it's going to fall off of my neck...[/quote]
Grocery store chains, on their recent shareholder calls, say right out loud they are leveraging inflation to see how high they can jack up the prices and still have people pay. This is their job. To increase profits for shareholders and most of all for CEOs salaries. Our energy costs have doubled and the CEO of the company we have to buy energy from, the only seller available, takes home $9 million a year.

Now that Kroger has bought Safeway, we will only have one regular grocery store chain and Whole Foods where I live. I thought antitrust laws were going to protect us, but we know who the law protects and what the political system lifts up, and it is corporations not people. Oh wait I believe the Supreme Court ruled that corporations are people.[/quote]

This makes me so sad...  :cry: [/quote]

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