There will always be bad operators in every industry. Here are two of the most high profile ones in Pharma and Med Devices but certainly not alone.
hahahaha yeah the stunt Skreli thought to get away with was as ridiculous as that other piece of work you refer to....but without those with criminal intent there is a large contingent what I call 'white collar criminals'
Thats debatable. Some of the worse produce I've purchased was from 'farmers' markets and for a much higher price.
depends on what you buy and where, having product knowledge helps a great deal!
Not only high prices, I am seeing very poor quality produce. I am a personal plant based chef and I have had to up my prices considerably and having to spend more time picking through produce. Seems to be across the board with most stores I visit.
Works for me, the more we cook at home, the more money we save, and its way heathier.
sweet, if it were not for a costly commute I'd go there ;-)
As an old fart, I experienced 18% inflation in the late 1970’s and early 1980’s. Mortgage rates were at 15% for awhile. Some historical perspective for what it’s worth.
Aldi owns Trader Joes and they are renowned for excellent benefits and higher than average pay for the sector. I would be surprised if the same benefits didn't extend to their own name shops. TJ's is the one shop I miss after moving to Germany, which is a little surprising given Aldi is a German company.
This isn’t really a great comparison specific to home price. Home prices have far outpaced inflation. I remember reading somewhere that if home prices followed inflation since the 70’s, the median home price today would be around $175k versus the $400k+ it actually is.
Specifically when it comes to the price of eggs:
Although I don't necessarily disagree with the inherent problems in 'infinite growth', this is why some economies have shifted more towards services, to try and decouple economical production from consumption of resources. Similarly, technological progress can allow increase of production / economical growth without an equal growth in people.
Sometimes I wonder how much would be left of true economical growth once you strip out all this artificial 'economical growth' from rising real estate prices. I bet someone did the math somewhere, but I can imagine it shows rather dissapointing numbers.
I think egg prices sky rocketed due to rises in energy and feed costs rather than a downturn in Ukraine's egg production per se.
Outside of the states that makes sense, in the US most of our chicken feed is actually corn and soy meal both of which are produced domestically. Our feed prices are up a little over 30% from 2020 prices, adjusted. We’re actually cheaper for feed prices than we were after prices settled back from the avian flu, when they returned closed to 2020 numbers, but prices haven’t followed suit so they don’t seem to track feed or fuel rates very closely.
It's a bit of both. Of course they're not the only producer, but when you have uncertainty around a significant chunk of production of both eggs itself and the fodder it still ends up in the prices one way or another. Price increases often have a lot more to do with insecurity in the market than with actual scarcity (you saw the same problem on the European energy market in 2022). So prices start going up when potential problems are on the horizon whether the worst case scenario comes to pass or not.
The graph doesn't lie though if you look at the timing. In the end things like eggs (and also corn, soyu, etc) are simple commodities traded globally so any disruption in supply elsewhere will eventually create a waterbed effect that filters through, even if only because US producers can suddenly sell their eggs or soy for more money elsewhere.
Well, you are in france. Don't ya'lls start burning cars in the street if the price of a baguette starts going up. maybe that's the solution.
True that. But inflation then included goods and services as well, of course.
