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A comment on The problem isn't inflation. It's prices. What goes up may not come down. Parent comment

Re:The problem isn't inflation. It's prices. What goes up ma... by HDThoreaun on Wednesday November 08, 2023 @12:18PM (#38193621)
Completely disagree. Eggs are a largely demand inelastic good. Prices go up when supply goes down, that's it. Commodity markets are very competitive, but when prices increase most people just get angry and pay anyway, it has nothing to do with media narratives.
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Re:The problem isn't inflation. It's prices. What goes up ma... by Sohcahtoa82 on Wednesday November 08, 2023 @12:22PM (#38193694)
I don't think the GP comment meant eggs specifically. They just chose a random specific consumer good as an example.
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Re:The problem isn't inflation. It's prices. What goes up ma... by HDThoreaun on Wednesday November 08, 2023 @12:32PM (#38193856)
Neither did I. People aren't deciding what to buy based off the media's inflation narrative. They're trying to make the best decisions for themselves given the opportunities available. If that means buying expensive eggs they'll do it.
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Re:The problem isn't inflation. It's prices. What goes up ma... by 303uru on Wednesday November 08, 2023 @12:31PM (#38193847)
Lol, you're the one who narrowed price gouging across nearly the entire marketplace to EGGS!!!!
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