I’m not sure why the US people are so bothered by them in particular that it made into the spotlight on presidential campaign… I mean, it’s probably not the most expensive item on any recipe.
They’re part of the consumer price index, a measure of inflation which in turn impacts the fed interest rate. A high rate means a high cost of borrowing which is bad for business (especially small business / start ups).
For most people it just contributes to the cost of living crisis but it has greater implications on the economy as a whole.
Trump has promised a reduction in interest rates this year while nearly all of his policies are designed to worsen inflation in the short term.
eggs went from about ~$3.00 us to ~$8.00 us for a dozen large, that coupled with every other fucking thing that’s gone through the roof in unabated unregulated “post pandemic” inflation, hits just about everyone, it hurts, and means or causes fear that just about everyone will stop being able to afford their basic needs
I’m not sure why the US people are so bothered by them in particular that it made into the spotlight on presidential campaign… I mean, it’s probably not the most expensive item on any recipe.
But yeah, they are currently expensive.
They’re part of the consumer price index, a measure of inflation which in turn impacts the fed interest rate. A high rate means a high cost of borrowing which is bad for business (especially small business / start ups).
For most people it just contributes to the cost of living crisis but it has greater implications on the economy as a whole.
Trump has promised a reduction in interest rates this year while nearly all of his policies are designed to worsen inflation in the short term.
eggs went from about ~$3.00 us to ~$8.00 us for a dozen large, that coupled with every other fucking thing that’s gone through the roof in unabated unregulated “post pandemic” inflation, hits just about everyone, it hurts, and means or causes fear that just about everyone will stop being able to afford their basic needs