Recent price spikes in the egg market reflected recurring shortages, well in excess of the normal fluctuations when eggs climb every winter. The accumulated inflation during the previous Biden administration (the COVID surge in money supply) suggests that shell eggs, like so many other food commodities, were disrupted. Year-to-year comparisons show poultry and eggs to have been more seriously affected than many others. Why did inflation in the price of eggs outstrip that of other food … [Read more...]