• Eggs are expensive right now, but they are actually less expensive than they were – according to Brighton Capital, the wholesale price for large conventional eggs has fallen from $5.10/dozen to $4.63.
• The eggconomy is emblematic of the broader economy – driven by the laws of supply and demand, and the hen/human ratio is at a 15-year low.
• The Federal Reserve is focused on a few things within their 2% inflation target – Fed cred, Fed recession goals, Fed beef, and 2% inflation.
• A soft landing would be when vacancies can decline substantially taking pressure off inflation without driving unemployment way up.
• The housing market is bonkers – housing inflation, consumers freaking out, and rents slowing down.
• Flight delays due to an ancient piece of technology is emblematic of a lot of American infrastructure.
• The debt ceiling debate is a stupid bargaining chip in a larger stupid circus.
• The economy is a fragile piece of technology that needs to be carefully managed.
• Hope is an ax you break down doors with in an emergency – it calls for action and is impossible without it.
Published January 12, 2023. Visit Kyla’s Newsletter to read kyla scanlon’s original post.
