2 upvotes, 1 direct replies (showing 1)
What’s this arbitrary price that will “reduce production” that you speak of? You’re delusional if you think companies won’t continue to raise prices. I guarantee you probably still buy eggs while bitching about the price. People will continue to buy until the price skyrockets into abject unaffordable territory
The day that manufacturers take a hit to profits to benefit the consumer is the 5th of never. Prices won’t go down. They might stop increasing, or increase slower, but they don’t go down. Companies that have you paying $5/dozen for eggs won’t drop the price below $5 ever again, because they know you’ll pay *at least* $5 for eggs.
You might be right about automation, but it won’t result in reduced prices. It’ll result in the same prices with increased profits for the manufacturers, at best.
Comment by LegendTheo at 25/01/2025 at 01:25 UTC
-1 upvotes, 0 direct replies
It will result in reduced prices just maybe not using absolute number comparison. For instance video games have been somewhere between $60-80 dollars on release (for AAA titles) since the 90's. With inflation $80 in the 90's is like $125 now.
A low level of steady inflation massively improves growth. What I'm saying is the *actual* absolute cost to make that egg will go down. So prices will drop, probably to below what they were in 2019 eventually.
They may actually get cheaper too. If two companies that automate and have a large profit margin get into a price war. Which they can with lower marginal costs, it could very easily bring the price down. To be fair I don't expect that with eggs, but it's still very probable in a lot of industries.