▲ 94 ▼ How many eggs do you eat in a week? (lemmy.world) submitted 2 years ago by Today@lemmy.world to c/asklemmy@lemmy.world 174 comments fedilink hide all child comments I get that the point is inflation, but why eggs? If they went to $12/dozen, it would cost me like $4 extra dollars per week.
[–] jordanlund@lemmy.world 9 points 2 years ago (4 children) It's not inflation, it's bird flu reducing supply. permalink fedilink source hideshow 8 child comments replies: [–] reddig33@lemmy.world 8 points 2 years ago It’s a combination of greedflation and bird flu. It’s amazing we still don’t have an RNA vaccine for livestock yet. permalink fedilink source parent [–] Greee1911@lemmy.world 6 points 2 years ago It's almost like the president doesn't directly control the prices of things like gas and eggs. Looking at you "I did this" sticker gang... permalink fedilink source parent [–] tal@lemmy.today 5 points 2 years ago* (1 child) You're right that it's principally bird flu, but it'll still count towards inflation. CPI -- what people are typically referring to when they say "inflation" -- has a basket of goods which I strongly suspect includes eggs. If the price goes up, that's inflation. goes to check Yeah. https://www.bls.gov/news.release/cpi.t01.htm Meats, poultry, fish, and eggs Though that whole category, which is not egg-exclusive, only makes up 1.737% of the weighting for the basket. So it's not as significant as, say, the cost of housing in calculating inflation. permalink fedilink source parent hideshow 2 child comments replies: [–] Treczoks@lemmy.world 4 points 2 years ago Yes, it counts toward inflation. The price is not caused by inflation. At least not significantly. permalink fedilink source parent [–] Today@lemmy.world [S] 2 points 2 years ago Yeah, but mostly it's something to yell about on tv and 'news' radio to distract us from what's really going on. permalink fedilink source parent
[–] reddig33@lemmy.world 8 points 2 years ago It’s a combination of greedflation and bird flu. It’s amazing we still don’t have an RNA vaccine for livestock yet. permalink fedilink source parent
[–] Greee1911@lemmy.world 6 points 2 years ago It's almost like the president doesn't directly control the prices of things like gas and eggs. Looking at you "I did this" sticker gang... permalink fedilink source parent
[–] tal@lemmy.today 5 points 2 years ago* (1 child) You're right that it's principally bird flu, but it'll still count towards inflation. CPI -- what people are typically referring to when they say "inflation" -- has a basket of goods which I strongly suspect includes eggs. If the price goes up, that's inflation. goes to check Yeah. https://www.bls.gov/news.release/cpi.t01.htm Meats, poultry, fish, and eggs Though that whole category, which is not egg-exclusive, only makes up 1.737% of the weighting for the basket. So it's not as significant as, say, the cost of housing in calculating inflation. permalink fedilink source parent hideshow 2 child comments replies: [–] Treczoks@lemmy.world 4 points 2 years ago Yes, it counts toward inflation. The price is not caused by inflation. At least not significantly. permalink fedilink source parent
[–] Treczoks@lemmy.world 4 points 2 years ago Yes, it counts toward inflation. The price is not caused by inflation. At least not significantly. permalink fedilink source parent
[–] Today@lemmy.world [S] 2 points 2 years ago Yeah, but mostly it's something to yell about on tv and 'news' radio to distract us from what's really going on. permalink fedilink source parent