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2. Inflation in their profits
Sun Sep 29, 2024, 06:34 AM
Sep 2024

I wish I had the link but one of the 5 major egg producers had a shareholder meeting during covid and complaints about inflation were at their highest.

During the presentation they said they were not effected at all by bird flu and that for some unknown reason their quarterly profits were up 70% from the same quarter in the previous year.

So the inflation was just their profits, why not take advantage of the massive perceived inflation to raise prices.

This is the ultimate profit center for business, you mean we can just increase our prices, let the media blame it on inflation and or avian flu, and we just get more money for the same products without an increase in our costs ?

Sign us up.

And this could be a long term trend this "inflation" is terrible for our economy, we feel so bad that our customers are being burdened by this Bidenomics thing yet again. It's a tragedy.

Call me on my second yacht I was able to purchase if it happens again. Such a shame.

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