Some laws of economics are ironclad. Competition is a natural regulator of economic activity. When demand outweighs supply, prices will rise. And when prices rise, a prominent progressive will blame it on corporate greed.
For much of 2022, the price of eggs rose dramatically, according to the Federal Reserve Bank of St. Louis. Even as inflation cooled later in the year, the per-dozen price of eggs exploded, from less than $2 in January to $3.11 by August before cracking $4.25 in December.
