Trump incorrectly claims egg prices have dropped 400%, USDA data shows 60% decrease; inflation rising.
From Yahoo Finance: 2025-06-12 11:43:00
President Trump claimed egg prices have dropped 400%, but USDA data shows a 60% decrease since 2025. Despite this decline, overall food prices have increased by 26% over five years, with projections of a 2.9% rise in 2025. Inflation continues to impact Americans’ purchasing power, prompting interest in assets like gold and real estate. Gold prices have surged over 40% in the past year, offering a hedge against economic uncertainties. Real estate, particularly rental properties, is also seen as a valuable investment to combat inflation. Crowdfunding platforms like Arrived and Homeshares provide opportunities to invest in real estate without the hassle of property management. Art investments, once exclusive to the ultra-wealthy, are now accessible through platforms like Masterworks, offering shares of blue-chip artwork by renowned artists like Picasso and Basquiat. These alternative investments provide diversification and potential returns in the face of inflation.
Read more at Yahoo Finance: Trump says ‘everybody has eggs now’ since prices have dropped a staggering 400%. But is his math scrambled?