Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.
Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!
Paid $2.99 for a dozen medium eggs yesterday, got two dozen. No doubt in my mind some gouging going on...a lot of much higher priced eggs too.
Stopped the wholesale slaughter of animals in egg-producing operations, too.The price of eggs is dropping dramatically. Coincidentally, these price drops began shortly after the Trump administration announced that they were going to open investigations into price fixing by the nation's largest egg producers.
Paid $5.97 a dozen yesterday, most stores a dozen is close to 9 dollars, I'm buying steak, it's cheaper.The price of eggs is dropping dramatically. Coincidentally, these price drops began shortly after the Trump administration announced that they were going to open investigations into price fixing by the nation's largest egg producers.
Not good steak.Paid $5.97 a dozen yesterday, most stores a dozen is close to 9 dollars, I'm buying steak, it's cheaper.
My local store had a dozen eggs for $6.49Paid $5.97 a dozen yesterday, most stores a dozen is close to 9 dollars,
I used to see that a lot. The "Large Economy Size" was more per-unit than the small wasteful size.My local store had a dozen eggs for $6.49
And 18 for $13.49
NO! I am not joking. YES! I understand fully the arithmetic. Maybe they are just playing a game.
They catch the same group of people that the Nigerian scammers do...My local store had a dozen eggs for $6.49
And 18 for $13.49
NO! I am not joking. YES! I understand fully the arithmetic. Maybe they are just playing a game.
Paid $5.97 a dozen yesterday, most stores a dozen is close to 9 dollars, I'm buying steak, it's cheaper.
That's what happens with centralization of production - it leads to centralization of POWER, and then of corrupt dealings with the regulators they wish to capture. AND any OTHER way to obtain government rents.*There is already a thread on socialism and welfare for the rich here (https://www.pmbug.com/threads/socialism-welfare-for-the-rich.4901/#post-84219) but I thought this would be a good fit for tis thread. Corporations gouging consumers while getting government handouts.
Opinion: Egg companies are getting government bailouts while price-gouging consumers
Egg prices reached another record high last month. It now costs American shoppers an average of $6.23 for a dozen eggs — nearly a five-fold increase since 2020.
Yet while families have been squeezed by grocery sticker shock, agriculture corporations have been raking in record profits. Cal-Maine, the country’s largest egg producer, took in $509 million this quarter alone, tripling its profits from a year ago.
Gouging consumers is bad enough. But it gets worse: Cal-Maine and other ag companies were breaking the bank at the same time they were also quietly getting millions in taxpayer-funded relief payments from the federal government. Congress and the Trump administration must put a stop to this: No company that is getting corporate subsidies should be allowed to hike prices and extract windfall profits from American consumers.
More:
https://www.msn.com/en-us/money/mar...S&cvid=c8fd3e17b8224d5b9f96b49fdd2d5863&ei=18
Hit Shoprite earlier today. Was a bit surprised to see how stocked up each isle was. I think this was the first time in several years I've seen totally full shelves. Prices were ok. I only went after stuff that was on sale, so my bill was good considering what I bought.
Food Shortages In 2025? 20% Of U.S. Food Imported; Impact Of Tariffs | Joel Salatin
Nov 17, 2024 #food #economy #tradewars
Joel Salatin, co-owner of Polyface Farms and best-selling author, discusses the future of agriculture in America, and the solution to America's health and obesity problems.
37:56
I wonder how many planned ahead.Jun 12, 2025 #news #economy #inflation
America is facing a cost of living crisis. "CBS Evening News" spoke to three Americans about what it's like trying to stay afloat as everyday costs surge.
Americans open up about their struggles to afford basic needs
00:00 Teacher on $37,000 salary shows what surviving as a single mom really looks like
2:36 Police officer shares struggle to buy first home amid rising costs
5:04 70-year-old widow on Social Security can't afford to retire
Who, here, has read The Grapes of Wrath?Priced OUT OF PIZZA - The NEW ECONOMIC REALITY…
Jul 13, 2025
The pizza business is a great way to measure the real economy because it shows us what real people can afford and cannot afford or are choosing to spend their money on right now. And it's a huge indicator of where the economy is headed. Pizza sales across the board both takeout and delivery and even frozen pizza are down and are starting to face the same struggles as the fast food industry.
16:52
00:00 The Rising Cost of Pizza: From Affordable to Luxury
02:50 The Impact of Rising Prices on Low-Income Pizza Consumers
04:54 Frozen Pizza Sales Decline as Prices Increase
07:22 Pizza Sales as a Barometer of the Real Economy
08:25 Federal Reserve Study: The Likelihood of Interest Rates Returning to Zero
10:11 Tariffs and Rising Prices: Impact on Businesses and Consumers
13:54 Rising Credit Card Delinquencies Signal Financial Stress in American Cities
Elsewhere, a few days ago, we remarked on "enshittification."How McDonald’s Lost Its Value Edge—and Is Trying to Claw It Back
When Americans hit hard times, McDonald’s MCD 1.35%increase; green up pointing triangle has relied on a simple recipe to keep sales humming: being fast and chea
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?