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sras-me | 11 months ago

>"The big suppliers can ratchet up prices with zero consequences. What are you gonna do about it?"

I think one (uncomfortable) solution is this. Consumers should budget their expenses. So when the egg prices increase, they should consume less to maintain their budget for eggs, for example, a month.

This will mean that when the companies increases prices, more of their stock will remain unsold, increasing their expenses stocking them to go up. This could also cause disruptions on their supply chain. This should force them to reduce prices.

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bdangubic|11 months ago

you said “budget” in the context of America. 93.98% of americans are not finacially literate enough to budget. this is by design…

SoftTalker|11 months ago

It doesn't have to be so formal, and for most people it's more like "wow eggs have gotten expensive, I'll skip buying them this week" that is what I do, same with beef and anything else that just seems like it costs too much. Or I'll shop around, there are people selling eggs from their home-kept chickens at the side of the road for less than supermarket prices (I realize that doesn't scale, at least not quickly).