There is such a thing as negative interest... actually, anything lower than the rate of inflation (not the kind they manipulate and publish... but real inflation, like, say the price of eggs being $1.29 last week and is now $2.19) is a penalty for hoarding cash.
“say the price of eggs being $1.29 last week and is now $2.19) is a penalty for hoarding cash. “
I saw it coming. I picked up a few thousand cases of eggs earlier this year. I will hold out till they hit $3.00 a dozen and then sell.
Rising cost of eggs is being attributed to a new law in California which prohibits egg laying hens from being housed in pens they cannot move in.
The dummies in California are now regulating the size of the pens for each egg laying hen and that's having an impact on egg prices.
BTW, I'd read that California is the #1 egg producer in the country, so the actions of California have a direct impact on egg prices.