this post was submitted on 04 May 2025
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[–] [email protected] 12 points 1 week ago

Companies reached peak profits during the height of COVID, proving that the price increases were not primarily caused by supply issues.

We've seen it more recently with egg prices greatly outpacing actual supply shortages.

'supply and demand' isn't what sets a price, and hasn't been for more than a century. Prices are simply set as high as the market can bear.