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0 pointsbdangubic1y ago0 comments

you said “budget” in the context of America. 93.98% of americans are not finacially literate enough to budget. this is by design…

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SoftTalker1y ago

It doesn't have to be so formal, and for most people it's more like "wow eggs have gotten expensive, I'll skip buying them this week" that is what I do, same with beef and anything else that just seems like it costs too much. Or I'll shop around, there are people selling eggs from their home-kept chickens at the side of the road for less than supermarket prices (I realize that doesn't scale, at least not quickly).

bdangubicOP1y ago

you are the 6.02% :)

I do the same for EVERYTHING. my wife and I make a decent living but we drew lines when the prices started going up. we can afford it, not just eggs but also other things that have been price gouged in the last couple of years. issue is of course there are not enough of us to make a difference

s1artibartfast1y ago

There is no economic system that can accommodate a population that refuses to respond to prices. That said, I think your numbers are overly pessimistic.

The critical part to remember is that people dont have to do the math and do the budgetary calculus. If they cant afford the eggs, they cant buy them.

bdangubicOP1y ago

I think there is small percentage of people that cannot afford the eggs. we are not talking diamond rings here - even if dozen eggs were $20 it is still $20 - most families can afford that...

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SoftTalker1y ago

bdangubicOP1y ago

you are the 6.02% :)

s1artibartfast1y ago

There is no economic system that can accommodate a population that refuses to respond to prices. That said, I think your numbers are overly pessimistic.

The critical part to remember is that people dont have to do the math and do the budgetary calculus. If they cant afford the eggs, they cant buy them.

bdangubicOP1y ago

I think there is small percentage of people that cannot afford the eggs. we are not talking diamond rings here - even if dozen eggs were $20 it is still $20 - most families can afford that...

j / k navigate · click thread line to collapse