The Economy

Then write to your congressperson and senators, and VOTE for people who will dismantle the mess you are complaining about. ... which not-s0-coincidentally creates and self perpetuates the problems you are were complaining about in the first place. It has fucked up the country so badly, that even if it wasn't making things worse for millions of people, it makes it so there isn't even enough they can realistically tax you for to cover the monstrosity they have created (which is why our accumulated debt has exploded).

 

I should have gone into the egg business. ... It apparently defies the laws of supply and demand, and if you are a producer you can just expand your profit margins to wherever you want and people will pay whatever you demand. It's a license to print money! Do they use guns to force the purchases or is it that we've finally found the only business on earth where demand is completely inelastic? Who knew eggs were so vital to life that people don't stop buying them at a certain price or substitute other foods? Should we rewrite all of the intro microeconomics textbooks to reflect the nonsense in that video?

The thing I still don't understand. ... if Cal-Maine can charge anything it wants and demand is so inelastic that people will just pay it, why did the price of eggs EVER cost less than where it peaked? And why have prices more than halved themselves from where they peaked? Come to think of it, when egg prices dropped by about 35 percent at the beginning of the pandemic, what was going on? The "price gougers" and "profiteers" had no interest in "gouging" then, and they decided to earn LESS?

That stuff is so dangerous, because people will buy into any kind of ignorant hate narrative to explain why things aren't the way they'd like. The people making videos like that are capitalizing on stick-your-fingers-in-your-ears ignorance.