David Edward Garber (@DaveGarber1975)

This amusing ReasonTV segment features how currently-rising grocery prices are less about corporate greed than about the fundamental economic law of supply-and-demand, which is what determines exchange-rates between commodities (like between dollars and eggs), and how America's federal government's regulations often help to artificially raise prices of food. Although this video focuses on the supply-and-demand of groceries, the supply-and-demand of money is an even more important factor, as a pandemic-related flood of new fiat U.S. dollars has skyrocketed their supply, which has in-turn reduced each dollar's purchasing-power, which has resulted in prices across-the-board being bid-up toward a new equilibrium---and, because nobody likes money that's constantly losing its value, such monetary inflation also reduces demand for holding dollars, which further reduces their general exchange-value in purchasing other commodities, and which can potentially contribute to a hyperinflationary spiral. While some tout counterproductive false-solutions like allegedly-greed-free Soviet-style state-run grocery stores, let's please accept economic science, end the Fed, restore sound money, and redirect our government from regulating everything to rights-defense only! https://www.youtube.com/watch?v=udu4c-m9WOQ #Economics #SupplyAndDemand #Regulations #Greed #Affordability #Groceries