| > Understanding a problem requires a holistic view of the larger system. It does, but the result is extremely uncomfortable. And the solving it will require actions that are even more uncomfortable. You have to come to grips with the fact that there are monopolies at every single level. There is no inventory anywhere except bottom. There is no over capacity at any level. Consequently, supply and demand simply do not work. There is no "excess supply" to use to make extra profit by eating the extra demand. There is no upstart supplier who can absorb the extra demand. The big suppliers can ratchet up prices with zero consequences. What are you gonna do about it? > it’s scary to me that people lack the skills, the desire or incentives to understand and objectively seek understanding of what’s happening around us especially in highly charged US political landscape. They don't lack the skills. They have chosen to treat politics like sportsball rather than something to actively think about. |
I think one (uncomfortable) solution is this. Consumers should budget their expenses. So when the egg prices increase, they should consume less to maintain their budget for eggs, for example, a month.
This will mean that when the companies increases prices, more of their stock will remain unsold, increasing their expenses stocking them to go up. This could also cause disruptions on their supply chain. This should force them to reduce prices.