Twitter users declare eggs a ‘luxury item’ as prices soar: ‘The new bitcoin’

Twitter users declare eggs a ‘luxury item’ as prices soar: ‘The new bitcoin’

Twitter users were disgusted by the rise in the price of eggs and called it “ridiculous”, with some labeling them a “luxury item”.

Multiple users noted the high cost of a carton of eggs at Whole Foods and posted photos showing prices as high as $11.49.

“I never thought EGGS would become a luxury item,” wrote conservative commentator Mike Cernovich.

The price of eggs has tripled in certain locations across the U.S. in the past year, according to CBS News. The price per carton rose 49.1% in November, according to the Consumer Price Index.

“$11.49 for eggs at Whole Foods,” tweeted former UFS fighter Jake Shields.

Other photos posted on Twitter showed empty refrigerators at various grocery stores and noted that eggs were “completely sold out.”

Genevieve Roch-Decter, CEO of Grit Capital, a financial media company, called eggs the “new bitcoin” and posted a chart showing the skyrocketing average price of eggs.

I never thought EGGS would become a luxury item. Wtf

— Cernovich (@Cernovich) January 9, 2023

Others, like writer Emily Hoeven, compared the empty shelves to the early days of the COVID-19 pandemic, when stores were completely sold out of toilet paper. “Looks like eggs are the new toilet paper,” she tweeted.

Bird flu affected egg production as more than 50 million birds died from the disease last year, according to the US Department of Agriculture.

Another Twitter user weighed in on egg prices and claimed they were 99 cents more than a year ago, compared to $3.49 at Harris-Teeter.

Genevieve Roch-Decter, CEO of Grit Capital said that “eggs are the new bitcoin.” Twitter/@GRDecter

Rapper Cardi B recently slammed the general increase in the price of groceries earlier this month, calling food prices “ridiculous.”

“Lettuce was $2 a few months ago and now it’s like f—$7, of course I am [going to] say something. F—?” she said.

Cardi B also said she couldn’t imagine how middle-class Americans were reacting to the high prices.

Naaaaaa Grocery shopping prices are ridiculous now 😑You can eat out too!!

— Cardi B (@iamcardib) January 4, 2023

“Because if I think it’s crazy, I could only imagine what middle class people or people in the hood [are] mother—thinking,” she said.

“How can eggs cost more than a whole chicken?” asked writer Michael Harriot.

“At my store, the manager said they were actually losing money on eggs despite the high prices,” added Rob Zerwekh.

Dave Bondy of Mid-Michigan NOW posted a photo of egg prices showing a box of 18 eggs for $8.99 in Texas.

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