Hatching a Conspiracy: A BIG Investigation into Egg Prices
“…the only thing that the egg industry seems to have expanded in response to the avian flu epidemic is windfall profits — which have likely amounted to more than $15 billion since the epidemic began (judging by the increase in the value of annual egg production since 2022), and appear to have been spent primarily on stock buybacks, dividends, and acquisitions of rivals instead of rebuilding and expanding flocks. When an industry starts profiting more from *not* producing than from producing, it’s a sign that something isn’t right. It could be an innocent bottleneck. But when it lasts for three years on end with no relief in sight, it’s usually a sign of something else that’s pervasive in America — monopolization.”
This all could be egg paranoia! American consumers were solemnly promised eggs would always be plentiful 40 years ago: