I am hearing anecdotal talk about supermarkets raising prices because of “inflation” but keeping their supplier prices down and capturing additional profits, similar to other corporations making record profits from inflation. At the end of the day, they can raise the price until people stop buying and even then, can keep it high and sell less volume and keep profits high. If expectations are that supply might shrink from reduced grain exports/avian flu, they may be front running the actual drop off in supply.
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Reply to What the hell is going on with Egg Prices...... by bostonmacosx
I am hearing anecdotal talk about supermarkets raising prices because of “inflation” but keeping their supplier prices down and capturing additional profits, similar to other corporations making record profits from inflation. At the end of the day, they can raise the price until people stop buying and even then, can keep it high and sell less volume and keep profits high. If expectations are that supply might shrink from reduced grain exports/avian flu, they may be front running the actual drop off in supply.