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An investigation into egg prices

thebignewsletter.com

171–180 of 182 posts

Re: An investigation into egg prices

#171

Earlier quoted context omitted.

The executive branch is currently being gutted?

I'll give you one guess as to which branch of government most agencies belong to. Yes, agencies are being gutted.

Yes, agreed, the agencies were put in place by executive order and they're being gutted. However, that doesn't mean the executive branch is being gutted. Gutted means "to destroy the essential power or effectiveness of". Maybe there's confusion about the word "gutted"?

Indeed the power and effective of agencies is being dramatically reduced. I believe this is the point that was trying to be made.

However, rulings like Trump v. United States vastly expand the power of the executive branch. Even if you're one of those people who believes in Unitary Executive Theory, prior to Trump v. United States, those powers were hypothetical. Hence the need for a ruling. It's to be seen whether a Unitary Executive would be more effective.

Re: An investigation into egg prices

#172

Earlier quoted context omitted.

>> all the while ignoring the hollowing out of American industrial base and expertise > But the left has been talking about this for decades and was mocked for it. > These are absolutely things we should focused on, and it is true that the left-as-represented-by-the-Democratic party has not really done so (certainly not until Biden, and even then it was relatively weak sauce). So, you're right - up until this "regime…

There is absolutely nothing the administration is doing that will have any impact on this stuff. That's not suprising for two reasons (a) the current administration obviously, clearly, self-admittedly represents the interest of the capital class (b) the current administration is so willfully ignorant and utterly incompetent at so many things that even if (a) was not true, they would be unable to anything to advance o…

What I think you've failed to account for is that what you see as important is not what a lot of people see as important. And you may or may not have better reasons for your perspective.

For example: a lot of people see massive beurocracy as a bad thing. Cutting it back, even in very rough fashion, even with potentially selfish motives, is seen as a good thing.

In your example re: tariffs. What's interesting is that tariffs are fundamentally a social exercise. You can use them with a light touch, to encourage/discourage specific industries in fine detail, or you can use them as a club to force concessions from other countries. Using it as a club requires an aggressive approach that many people don't even understand and have never themselves experienced. When you don't know how it works, it just looks dumb.

There's a lot that probably is clumsy here, but I think that making absolute statements is showing your hand a bit.

Re: An investigation into egg prices

#173
post #162

Earlier quoted context omitted.

Some of the highest inflation in American history? Easy to see you weren't around in 1979. Try 14% inflation. This? This was very little.

9.1% is not far off.

When did we have 9.1%? And for how long did we have it? 14% was the peak, but we had above 10% for several years, IIRC.

Re: An investigation into egg prices

#174
post #77

Earlier quoted context omitted.

Some are: https://www.delish.com/food-news/a63842548/what-are-fertile-... You will find a number of people who have claimed to have hatched a number of types of birds from store eggs, including chickens.

I didn't hatch a live bird, but one time I broke a store egg over a meal in the pan and it was filled with blood, a fetus and a couple tiny feathers

We had a similar experience at my house one time, except it was in a bowl and all we saw was blood in the yoke. It had not been quite as developed as the one in your egg.

Re: An investigation into egg prices

#175

Earlier quoted context omitted.

Sir, Harris did nothing about high egg prices when she was in office. Neither did Biden. They presided over some of the highest inflation in American history. Whether it was their fault or not they didn't do a damn thing to fix it. What is Trump doing? Promoting imports of cheaper eggs from abroad, if nothing else. He is the first politician this century to make a big deal out of balancing the budget and our imports/…

Some of the highest inflation in American history? Easy to see you weren't around in 1979. Try 14% inflation. This? This was very little.

Inflation was measured different in 1979. According to shadowstats.com, real comparable CPI peaked at like 15% a year or two ago. Prices in general are up at least about 50% from 5 years ago.

Re: An investigation into egg prices

#176
post #162

Earlier quoted context omitted.

9.1% is not far off.

When did we have 9.1%? And for how long did we have it? 14% was the peak, but we had above 10% for several years, IIRC.

2022, and the rest is shifting goalposts from what OP said:

> They presided over some of the highest inflation in American history.

Their statement is completely accurate.

Re: An investigation into egg prices

#177

Earlier quoted context omitted.

No by "common sense based on logic" I mean common ground between both. To exclude gut feelings or emotion or whatever. And I'm sure logical thinking ability is also hardwired by evolution. Realms where our senses do not operate would be microscopic or relativistic and the like where which we have never been able to observe before. National economies are completely observable and accessible to our logic and common sen…

> They are akin to thermodynamics which is not counterintuitive at all. You can only say this thanks to the work of generations of previous scientists (and teachers) who managed to render the very unintuitive as intuitive. > Realms where our senses do not operate would be microscopic or relativistic and the like There are (a) dozens of known cognitive biases, the majority of which we cannot avoid even when we know ab…

Observability means it can in principle be measured, not whether it is practical. And we can observe all the way down to the individual level where effects happen (prices), individuals set interest rates, etc. Aggregation is also in the intuitive column. At worst you could argue this reguires a subsequent step of logic, which I accounted for since humans do by design.

Thermodynamics is easy. I did it as a sophomore. It can be derives using statistical mechanics from classical mechanics but this is not necessary. The ideas of heat itself and its flow are ancient.

Speaking of cognitive biases, pointing out examples of errors does not provide a proof that something is worse than some unnamed alternative. Unless your argument is that we are worse at something that an omniscient and perfect version of humans. And if you go all the way back to my very first statement, I said common sense always works to some degree. I didn't say the predictions would be perfect. You are making the much-harder-to-defend argument that it disappears from value via some magical statistics effect you haven't identified.

Re: An investigation into egg prices

#178

Earlier quoted context omitted.

you cannot just wake up and decide to grow your own, it is regulated heavily :)

Here are my local laws, not too crazy. https://www.legislation.act.gov.au/View/di/2010-89/current/h...

sorry mate - I was referring to the USA without saying so :)

Re: An investigation into egg prices

#179
post #174

Earlier quoted context omitted.

I didn't hatch a live bird, but one time I broke a store egg over a meal in the pan and it was filled with blood, a fetus and a couple tiny feathers

We had a similar experience at my house one time, except it was in a bowl and all we saw was blood in the yoke. It had not been quite as developed as the one in your egg.

Those are supposed to be pulled before they make it out of the packaging plant. They shine a light through the egg and detect if there is an embryo inside. The process is called "candling." Of course it is imperfect especially if the egg is very recently fertilized. I've gotten one or two with a red spot in the yolk over the years, but nothing close to a developed chick.

Re: An investigation into egg prices

#180
post #30

Earlier quoted context omitted.

> Understanding a problem requires a holistic view of the larger system. It does, but the result is extremely uncomfortable. And the solving it will require actions that are even more uncomfortable. You have to come to grips with the fact that there are monopolies at every single level. There is no inventory anywhere except bottom. There is no over capacity at any level. Consequently, supply and demand simply do not…

What am I gonna do about it? I'm going to start buying from the small farm half a mile from me that has eggs in an honor box at the end of their driveway. There is no inventory anywhere except bottom? Fine. I'll go to the bottom. > They have chosen to treat politics like sportsball rather than something to actively think about. Not going to argue about that one...

Nailed it. To disinter-mediate the monopoly vertical, you must source locally, and work together to ensure that local supply remains operational. You "step out" of the capture.
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