This was posted on Facebook

The immediate reader reaction was, Wow! $9.00 for eggs. Inflation and prices are out of control, right?
Several comments later the person who posted said it included three eggs, three sausage, three bacon, home fries and two pieces of toast.

I thought I was reading a campaign ad.


“Why Your Groceries Are Still So Expensive”
Forbes business, Feb 7, 2024
“In 2022-2023 Kraft Heinz profits skyrocketed from $225 million to $887 million, an increase of 448%. Gross profit margins reached 34%, up 400BP …”
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Greed–one of the 7 deadly sins–did they just discover it in 2022? The company has been around forever, maybe 100 years, but just discovered they could screw consumers in 2022 & 23–I guess because there was no competition they could do this.
Here are the numbers from MACROTRENDS–yours came Robert Reich–Pocahontas and the other loons on the left.
MILLIONS –GROSS PROFITS
2011 $5,763—– 2015 $5,761— 2018 $8,682—–’21 $8,682 —- ’23 $8,926
2021–5.39% DROP IN PROFITS FROM PRIOR YEAR
2022– 6.45% DROP IN PROFITS FROM PRIOR YEAR
2023 — 9.9% INCREASE IN PROFITS FROM THE YEAR BEFORE
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Gone to your Cape Cod gas station recently?
Yes, inflation (too much $ chasing too few goods) is an issue and to fight it the Federal Reserve, not the White House, is using the tried and true method of raising interest rates. Remember Paul Vockler–the jolly green giant? Why? It has been and always will be a monetary issue not a shortage issue. Is gas in short supply?
The Fed bought bonds, all bonds, after 2008 (QE) and then monetized the debt during COVID–Biden wanted to buy adulation by really juicing up the economy and that created the mess. Now the Fed is selling the inventory of debt–all in the Journal–all yesterday I believe.
The fool even tried to buy the 2022 mid-term by close to emptying the Strategic Petroleum Reserve so gas prices would settle down. Can’t fill it now–oil at $80 a barrel.And the emergency was???
Now he tries to buys the votes of the young Hamas Democrat anti Semitic college students on the campuses of many universities by transferring debt to the blue collar workers via additional debt.
The left wing loons really are in charge and everything they touch turns to sh…
Was it in yesterday’s Journal the article about folks like us sitting in the cat bird seat with low mortgage rates and rising home prices while young people are having a miserable time finding housing they can afford and then paying over 7% mortgage rates?
Oh sure it is not the rates some folks paid as Vockler & Reagan fought the Nixon/ Carter inflation but I paid $47,500 for a home we still live in–that might buy a parking spot where I live.
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